Saturday, February 20

Nifty ready for big move,EOD Analysis

FII
  • FII's sold 16.7 K contract of Index Future worth 846 cores ,11.9 K Long contract were liquidated by FII's and 4.7 K short contracts were added by FII's. Net Open Interest increased  by 7.1 K contract, so rise in market was used by FII's to exit long and  enter shorts in  Index futures.How Reaction vs. Response can change your trading
As discussed in last analysis Closing above 7151 we will head towards 7238. Low made was 7146 and nifty made high of 7226 both low and high near the harmonic

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