Monday, September 7

Nifty breaks 7563 approaching MML support,FII FnO Analysis

FII
  • FII's sold 51.8 K contract of Index Future worth 1087 cores ,13.9 K Long contract were squared off by FII's and 37.8 K  short contracts  were added by FII's. Net Open Interest increased  by 23.8 K contract, so today's fall in market was used by FII's to exit  long  and enter  shorts in Index futures  How to win Mental Game of Trading
Nifty broken 7563 level the high of May 16 when NDA won election break and 13 months of  gain got wiped off in 3 months,nifty can correct all the way till 7503 which

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