US Fed no taper,FII data analysis

• FIIs bought 4685 contracts of Index Future (bought 12283 long contract and  7598 shorts were added ) worth 144 cores with net Open Interest increasing by 19881 contracts.

FED REFRAINS FROM QE TAPER which will be bullish for Indian market and Indian rupee. Nifty continued trading in its sideways range of 5800-5950 and closing above its 100 and 200 DMA. I am firm believer of trading on system and being with trend. Nifty has been consolidating in 150 points range and it was in..

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