Wednesday, January 21

Nifty forms another DOJI, how to trade next move

FII
  • FII's bought 28 K contract of Index Future worth 483 cores, 43.6  K Long contract were added  by FII's and 15.6 K  short contracts  were added by FII's. Net Open Interest increased  by 59.2 K contract ,so FII's added both long and   shorts in index future in a dull day of trading.
Nifty made new life high today @ 8742 with another DOJI candlestick formation, many traders are asking can we see correction in short term, as per my perceptive last rally we saw from 7723 to 8627 was 904 points long and took 33 days to complete, the current rally which started from 7961 till 8742 is just
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