Saturday, June 27

Nifty forms inside day pattern, FII FnO Data Analysis

FII
  • FII's sold 7.5 K contract of Index Future worth 261 cores ,1.7 K Long contract were squared off by FII's and 5.7  K  short contracts  were added  by FII's. Net Open Interest decreased  by 4 K contract, so todays fall was used by FII's to enter shorts in index futures and exit  longs. Investors Lose $767bn in China Stock Market Crash
Nifty formed an inside day pattern today unable to break yesterday high and low.We have discussed concept of 83 in previous analysis today low of 8339 and yesterday high 8423 again the fall was of 84


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