Thursday, March 3

Nifty rallies after crossing 7250 with gap,EOD Analysis

FII
  • FII's bought 25 K contract of Index Future worth 1188 cores ,20.3 K Long contract were added by FII's and 5.1 K short contracts were liquidated by FII's. Net Open Interest increased  by 15.1 K contract, so  rally in market was used by FII's to enter long and  exit shorts in  Index futures. Are you Loss Making Trader?
As discussed in last analysis  Now close above 7250 is required for next move till 7317/7460. Support in range of 7150-7170, 6830 is important gann support


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