Thursday, July 2

Nifty stalls around 100 DMA, FII FnO Data Analysis

FII
  • FII's bought 17.2  K contract of Index Future worth 361 cores ,19.6 K Long contract were added by FII's and 2.3 K  short contracts  were added  by FII's. Net Open Interest increased  by 21.9 K contract, so today's fall was used by FII's to enter longs in index futures Overcoming Emotions As A Day Trader
Nifty made high of 8479 around 100 DMA and was unable to break yesterday high of 8481 and consolidated in 50 point range catching breadt after 2 big days. Nifty also stuck around  gann 1*2 line  and closing above the same can see move till 8524/8619.Weekly Closing tomorrow

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