Nifty hits pyrapoint resistance,FII FnO Data Analysis
- FII's
bought 40.8 K contract of Index Future worth 888 cores ,40.7 K Long
contract were added by FII's and just 99 short contracts were squared
off by FII's. Net Open Interest increased by 40.6 K contract, so
today's fall was used by FII's to enter longs in index futures How To get rid of Bad Trading Habits
Nifty
had a day of consolidation and setting up base for another big move
which should come in next 1-2 session, Bulls should protect 8424 on
downside and bear should protect 8510 on upside. Break of any side will
show a move of 80-100 points. Nifty is heading towards 1*2 gann line and
closing above it and pyrapoint resistance..
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