Nifty Future Trading Stratergy for 23 Jan

1. FIIs sold 1132 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 33 cores with net Open Interest decreasing by 3610 contracts.Are you a professional stock trader ? http://bit.ly/Wajuk7
2. As CNX Nifty Future was down by 34 points with Open Interest in Index Futures decreasing by 3610 so FIIs again booked profit in long  in Nifty and increased short in Bank Nifty future. Bank Nifty briefly moved above our trend changer level today during intraday but as soon as went below  12762 gave us 150 points :)
3. NS closed at 6049  after making high of 6101 first time after Jan 6 2011 and low of 6041 .NS was unable to close above Weekly trend deciding level of  ...

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