Thursday, June 16

Will Nifty Bulls be able to hold 8070,EOD Analysis

FII
  • FII's sold 7.2 K contract of Index Future worth 439 cores ,10.9 K Long contract were liquidated by FII's and 3.6  K short contracts were liquidated by FII's. Net Open Interest decreased  by 14.5 K contract, so fall in market was used by FII's to exit  long and exit shorts  in  Index futures.The Greatest Trades of All Time
 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 8180 and low made was 8074

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