Monday, June 27

Nifty close below 8111,EOD Analysis

FII
  • FII's sold 4.8 K contract of Index Future worth 287 cores ,12.4 K Long contract were added by FII's and 17.2 K short contracts were liquidated by FII's. Net Open Interest increased  by 29.7 K  contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures.Its all about Will power, Amazing Story of Girish Gogia
 As discussed in Yesterday Analysis   For next 4 days 8111 will play a important role on upside and 7972 on downside, breaking any one of the levels can see move 8210/8241 on upside and 7921/7777 on downside. High made today was 8120,unable to sustain above 8111
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