Wednesday, April 13

Will Nifty break 7740 and close above it,EOD Analysis

FII
  • FII's bought 2.4 K contract of Index Future worth 116 cores ,4.8 Long contract were liquidated by FII's and 7.3 K short contracts were liquidated by FII's. Net Open Interest increased  by 12.1 contract, so rise in Nifty market was used by FII's to exit long and  exit shorts in  Index futures.Build your Trading Confidence
As we have been discussing Move above 7684 will see fast move towards 7730/7777. High made today was 7717 almost 7730 done, As we have last trading day of the week tomorrow close above 7740 which is an important gann number

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