Monday, June 1

How to trade on RBI Policy day, Nifty trading strategy

FII
  • FII's bought 425 contract of Index Future worth 66.5 cores ,5.3 K Long contract were added by FII's and 4.8 K  short contracts  were added by FII's. Net Open Interest increased  by 10 K contract.  Reacting versus Predicting in Trading
This is what we discussed in last analysis  Nifty  is now entering the crucial resistance zone before the RBI policy on 02 June.  AS per Gunner also we are near red arc suggesting testing time ahead. Monday can be a range bound day with volatile moves 8394-8483 before the RBI policy.  Nifty reacted from the zone of


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