Saturday, June 18

Nifty bulls unable to close above 8210, EOD Analysis

FII
  • FII's sold 8.2 K contract of Index Future worth 480 cores ,4.2 K Long contract were liquidated by FII's and 4  K short contracts were added by FII's. Net Open Interest decreased  by 228  contract, so fall in market was used by FII's to exit  long and enter  shorts  in  Index futures.Struggle is Good!
 As discussed in Yesterday Analysis   Now bulls need to close above 8210 for this upmove to continue as its near the falling horizontal gann line. Failing to close above 8210 can again see downmove towards 8120/8029 High made today was 8195 and low made was 8135

Continue Reading

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home