Monday, June 22

Nifty near 200 DMA,FII FnO Data Analysis

FII
  • FII's bought 58.3 K contract of Index Future worth 1417 cores ,7.5K Long contract were added off by FII's and 50.7  K  short contracts  were squared off by FII's. Net Open Interest decreased  by 43.1 K contract, so todays rise was used by FII's to exit  shorts in index futures. How to deal with trading loss
Nifty continued with its higher high and higher low formation rising 429 points from the low of 7940. Nifty has risen 430 points from the middle line of  Andrew Pitchfork has reached the upper end of AF

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