Nifty on verge of breaking supply zone,FII FnO Data Analysis

• FII's bought 53 K contract of Index Future worth 1088 cores ,41.7 K Long contract were added  by FII's and 11.3 K  short contracts  were squared off  by FII's. Net Open Interest increased  by 30.4 K contract, so today's rise was used by FII's to enter longs in index futures Greece: How did it get into this mess?

As discussed yesterday  Nifty had a day of consolidation and setting up base for another big move which should come in next 1-2 session Pyrapoint suggests big move is round the corner. Nifty rallied as expected and closed well above 8510. Nifty closed above 1*2 gann line and closing above it and pyrapoint

Continue Reading