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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