Tuesday, September 22

Nifty falls from supply zone, FII FnO Data Analysis

FII
  • FII's sold 35.9 K contract of Index Future worth 697 cores ,80.4 K Long contract were added by FII's and 116 K  short contracts  were added of by FII's. Net Open Interest increased  by 196 K contract, so today's fall in market was used by FII's to enter both long  and huge shorts in  Index futures, as Rollover have started happening.  Important Message for Traders Holding Dec 2015 Options Contracts
As discussed in previous analysis  Nifty is stuck in 180/135 degree gann angles as shown below, Friday took resistance at 135 and Today took support at 180 and bounced back, breaking the same we can see a move towards 8074/8113 on upside and 7850/7760 on downside. Nifty today

Continue Reading

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home