Saturday, December 12

Nifty heading towards PRZ of 7550/7530,EOD Analysis

FII
  • FII's sold 15.9 K contract of Index Future worth 922 cores ,8.1 K Long contract were liquidated by FII's and 7.7 K  short contracts were added by FII's. Net Open Interest decreased  by 398  contract, so today's fall in market was used by FII's to exit long and  enter shorts in  Index futures. Motivational Real Life Stories: The secret to keep winning in life!!!!
As discussed yesterday  Trend will change once we close above 7767, till than Nifty can go all the way down till 7539 and below.  Nifty made high of 7703 and low 7575 near 7539 low. Many readers


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