Tuesday, May 10

Nifty holds 7850, EOD Analysis

FII
  • FII's sold 6.4 K contract of Index Future worth 377 cores ,2.4 K Long contract were liquidated by FII's and 3.9 K short contracts were added by FII's. Net Open Interest increased  by 1.5 K contract, so rise in market was used by FII's to exit long and  enter  shorts in  Index futures. Developing a Trading Process WHICH emotion is overpowering you the Most, To Understand the same I have put a Poll on Twitter (https://twitter.com/brahmesh), Please participate
As discussed in last analysis   Gann trendline again played a crucial role and now holding 7850 we should be heading towards 7972. We need to see follow upmove above 7850 tomorrow. Nifty till

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