Nifty Future Trading levels for 28 Jan

1. FIIs sold 9586 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 312.98 cores with net Open Interest increasing by 24218 contracts.
2. As CNX Nifty Future was up by 53  points with Open Interest in Index Futures increasing by 24218 so FIIs created fresh long  in Nifty and Bank Nifty. Friday we moved above trend changer level of 6026 and FII again created longs in Nifty and Bank Nifty future.
3. NS closed at 6075  after making high of 6080 and low of 6015. Nifty is just 5% away from its life time high which was recorded in 2007, Dow Jones is just 2% away from its life time high and with RBI governor..

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