Nifty Trading Stratergy for 26 Nov

1. FIIs  bought 786 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 14.3 cores with net Open Interest increasing by 6630 contracts.
2. As Nse Nifty Future was down by 7 points with Open Interest in Index Futures increasing by 6630, so FIIs book profit in longs of  Nifty and Bank Nifty Futures.

3. NS closed at 5627 after making a high of 5638 and low of 5594. 5594 was the rising trendline support and we have discussed the same in Weekly analysis So 5594 is the number to be watched. Any close below it...

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