Thursday, December 10

Nifty forms Inside Day Pattern,FII FnO Data Analysis

FII
  • FII's sold 2 K contract of Index Future worth 120 cores ,1 K Long contract were added by FII's and 3.1 K  short contracts were added by FII's. Net Open Interest increased  by 4.2 K contract, so today's rise in market was used by FII's to enter long and  enter shorts in  Index futures. Trade as per your trading strategy not MOOD
After 6 days of fall of 376 points Nifty saw a respite saw a rally forming an inside day pattern, Trend will change once we close above 7767, till than Nifty can go all the way down
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