Nifty near 200 DMA,FII FnO Data Analysis
- 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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