Friday, December 4

Nifty breaks 7906 Demand zone, EOD Analysis

FII
  • FII's sold 8.6 K contract of Index Future worth 508 cores ,5.5 K Long contract were liquidated by FII's and 3 K  short contracts were added by FII's. Net Open Interest decreased  by 2.5 contract, so today's fall  in market was used by FII's to exit long and  enter shorts in  Index futures. Do You Fear Overnight Trading Positions
As discussed yesterday  For next 2 days if 7906 broken we can go towards 7851/7812. Bullish only on close above 7994. Nifty made high of 7912 went belo


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