Saturday, February 13

Nifty bounce from gann trendline, demand zone,EOD Analysis

FII
  • FII's bought 15.6 K contract of Index Future worth 883 cores ,15.1 K Long contract were added by FII's and 0.5 K short contracts were covered by FII's. Net Open Interest increased  by 14.5 K contract, so fall in market was used by FII's to enter  long and  enter  shorts in  Index futures. Finding a 100 Percent Accurate Trading System
As discussed in Last Analysis   Now we are near 200 W SMA which we last touched on 25 Aug 2013 but we never closed below it, If Nifty has to maintain bullish undertone it need to close above 7100 tomorrow, else we are heading towards 6830-6860 zone where next levels of support lies. Nifty took support at 7860 made low of 7869 and jumped almost 150 points from the low, Also


Continue Reading

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home