Friday, April 17

Nifty held on to its 50 SMA,FII FnO Data Analysis

FII
  • FII's sold 43.9 K contract of Index Future worth 1071 cores,3.4 K Long contract were squared off  FII's and 40.5 K short contracts  were added by FII's. Net Open Interest increased  by 37 K contract.Holy Grail for Successful trading
  •  Nifty continued forming lower low but closed above its 50 SMA, Nifty took support at 135 degree line as per pyrapoint analysis also held on to its 200 HEMA.
NIFTY - Pyrapoint

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