Monday, August 24

Nifty crash 500 points,FII Data Analysis

FII
  • FII's sold 15 K contract of Index Future worth 411 cores ,129 K Long contract were added  by FII's and 144 K  short contracts  were added  by FII's. Net Open Interest increased  by 273 K contract, so today's fall in market was used by FII's to enter long and enter  shorts in index futures,As its expiry week so rollovers happening that's why such big buy figures are seen on day when Nifty fell down 500 points  .Want to be Profitable Trader,Develop the following Qualities
Nifty saw the biggest fall in past 7 years falling 500 points and sensex crashing 1800 points, Mid and Small cap Index were down 10%, Question in everyone mind is, IS the fall over, and can we deploy cash for investment, In situations like there its always


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