- FII's
sold 10.5 K contract of Index Future worth 120 cores ,16 K Long
contract were added by FII's and 26.6 K short contracts were added
by FII's. Net Open Interest increased by 42.7 K contract, so todays
small rise was used by FII's to add both shorts and long in index
futures. The Trader’s Mindset Leap from unprofitable to Profitable trader
Nifty
after 8 months gave a weekly close below 8000 but bounced from the
demand zone of 795-7930 and close above 7962.Bank Nifty has formed DOJI
on weekly charts near important support, suggesting Bank Nifty has
formed short term bottom. Also from 15 June we are entering new time
cycle which should be
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