Tuesday, January 5

Will Nifty hold demand zone of 7767,EOD Analysis

FII
  • FII's bought 520 contract of Index Future worth 33  cores ,6.4 K Long contract were added by FII's and 5.8 K  short contracts were added by FII's. Net Open Interest increased  by 12.3 K contract, so fall in market was used by FII's to enter long and  enter shorts in  Index futures.How Important is Trading Psychology?
As discussed in Last Analysis    As per Supply demand analysis close below 7767 can spell trouble from bulls as nifty can go down till 7539. Nifty made low of 7763

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