Tuesday, 17 January 2017

Nifty Bulls Hold 8370 but fail to close above 8460,EOD Analysis

FII's sold 2.1 K contract of Index Future worth 169 cores ,1.3 K Long contract were liquidated by FII's and 741 short contracts were added by FII's. Net Open Interest decreased  by 631 contract, so fall in market was used by FII's to exit long and enter shorts  in  Index futures. Do not Strike when Angry As discussed in last analysis    Nifty  made high of 8426 and low of 8374 so bulls

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