- FII's
sold 9.7 K contract of Index Future worth 525 cores ,13.3 K Long
contract were liquidated by FII's and 3.6 K short contracts were
liquidated by FII's. Net Open Interest decreased by 17 K contract, so
today's rise in market was used by FII's to exit long and exit shorts
in Index futures. How to Handle Trading Loss ?
As discussed Nifty forming Bullish SHARK pattern its PRZ is near 7550, so price action near 7539/7550 needs to be watched to check the validity of this pattern, Nifty made low of 7551 and rallied almost 300 point from the low, and achieved 3 target of SHARK pattern and also stopped
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