Wednesday, January 15

Bulls rally on inflation data, Will nifty make new high ?

FII_1
  • FIIs bought 15354  contracts of Index Future  worth 486.6 cores (21443 Longs were added  and 6079 shorts were added ) with net Open Interest increasing by 27512 contracts, so FII's are added majority longs and added partial shorts in index futures so equation changed completely with inflation data.
As discussed in yesterday post, breakout above 6288 for target of 6337, Nifty made high of 6325 today, Traders do understand 

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