Thursday, January 2

Nifty plunges 1.3% on panic selling, How to trade

FII_1
  • FIIs sold 817 contracts of Index Future  worth 26 cores (1894 Longs were added and 2711 shorts were added ) with net Open Interest increasing by 4605 contracts, so FII's added both  shorts and long in today's session. Again the fall today was not backed by FII's selling. FII will start trading actively only after 6 Jan, so volatile moves will continue. Do not surprised if we see an up move tomorrow.
As discussed in Weekly Analysis   Nifty broke the Weekly trend changer level of 6326 and achived almost 2 targets. We have been discussing from past 2 days,as per..

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