Nifty breaks 200 DMA, FII FnO Data Analysis
- FII's
sold 19.1 K contract of Index Future worth 420 cores,12.1 K Long
contract were squared off by FII's and 7 K short contracts were
added by FII's. Net Open Interest decreased by 12.6 K contract.Motivational Video for Traders :Bamboo Lesson
Nifty again formed a lower low @8202 and broke its last swing low of 8269 and 200 DMA. Biggest
Problem with our market is World Markets are trading at life highs but
Indian market are trading at 1 Month low suggesting their is some
intrinsic problem with Indian market showing so much under performance.
Finally Murry Math Line also broke on downside as Nifty corrected 652..
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