Monday, April 11

Nifty bounces from demand zone,EOD Analysis

FII
  • FII's sold 371 contract of Index Future worth 28 cores ,685 Long contract were added by FII's and 1 K short contracts were added by FII's. Net Open Interest increased  by 371 contract, so rise in Nifty market was used by FII's to enter long and  enter shorts in  Index futures.Build your Trading Confidence
As we have been discussing Support is near 7546-7519 range and resistance around 7582/7684 so market can swing in both the levels for sometime before making the next major move. Nifty made low of 7516 reacted violently was up 100 points in matter of few


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