Nifty Futures Technicals for August Series

• FIIs bought 11031 Index Future worth 332 cores with net Open Interest decreasing by 219456 contracts,Nothing much to read in today's data as FII closed/rollovers their position, Will get more clarity tommrow. Can Retail traders make money in Stock market?

Yesterday we had discussion on channel break and today we saw the follow up down move. Nifty took exact support at 50 DMA, which is a strong support. Any close/trade below 5887 can drag nifty all the way round to 5800 odd levels. Stock specific action was seen in July series and we were able to capture almost 1.95 lakhs on Stock calls which is given in blog in morning,Traders can access the performance here http://tradingsystemperformance.blogspot.in/ ..

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