How to trade Nifty Futures on 15 Jan

1. FIIs sold 3276 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 103.06 cores with net Open Interest decreasing by 9254 contracts.
2. As CNX Nifty Future was up by 23 points with Open Interest in Index Futures decreasing by 9025, so FIIs booked out longs  in Nifty and Bank Nifty Futures. Sensex briefly hit the sacrosanct level of 20000 and Nifty moved above 6050 but FII's are using these as an opportunity to exit out of longs. Sounds Interesting !!
3. NS closed at 6057 after making high ...

Continue Reading