Nifty rallies 905 points, is more left to rally ?
- FII's
bought 57.4 K contract of Index Future worth 1371 cores, 61 K Long
contract were added by FII's and 3.6 K short contracts were added by
FII's. Net Open Interest increased by 64.7 K contract ,so FII's added
long in majority and added partial shorts in index future.
Nifty made new life high today @ 8866 with another DOJI candlestick formation, 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 8866 is now 905 points which is equal to last rally and
consumed 27 days and also the maximum rally we have seen in 1041
points so still there is room for upside. Nifty is trading...
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