Tuesday, July 14

Nifty hits pyrapoint resistance,FII FnO Data Analysis

FII
  • 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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