Tuesday, September 29

Nifty unable to break gann line with 50 BPS cut,EOD Analysis

FII
  • FII's sold 30.6 K contract of Index Future worth 519 cores ,12.6 K Long contract were squared off by FII's and 17.9 K  short contracts  were added of by FII's. Net Open Interest increased  by 5.3 K contract, so today's rise in market was used by FII's to enter both long  and shorts in  Index futures  Secrets of successful Intraday Trading
As discussed in last analysis Again 7767 demand area will play crucial role tomorrow. Any close below the same will increase portability of nifty hitting 7539 and below. Holding the same can see bounceback till 7958 so 7767 should be watched closely tomorrow.  Nifty o


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