Friday, August 23

Nifty gives Pullback rally, FII FnO Analysis

FII
  • FIIs sold 29103 contracts of Index Future (Entered fresh shorts in 26820 contracts and booked profit in  2283 Longs) worth 772 cores with net Open Interest increasing by 24537 contracts. So as per data analysis, FII's are still entering in fresh shorts  in NF and BNF,The rally we saw today was backed by short covering and fresh shorts were entered at higher levels. How to deal with Trading Loss
Nifty finally gave the much awaited relief rally in yesterday trading session,still Nifty is trading below..
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