Nifty May 2015 Series F&O Expiry Analysis

• FII's sold 7.1 K contract of Index Future worth 96 cores,29.6 K Long contract were added by FII's and 36.7 K  short contracts  were added by FII's. Net Open Interest increased  by 66.4 K contract. Things You Should do Before Trading for A Living

Nifty reacted from the zone of support as shown in below chart, took support near  20 SMA, AS today is expiry day any break of 8277  we can see deeper cut in market.Move above 8342 can see nifty moving towards 8383/8400 odd levels. Below 8320 Fibo


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