Wednesday, September 7

Nifty does breakout target but fails to close above 8951,EOD Analysis

FII
  • FII's sold 0.03 K contract of Index Future worth 26 cores ,2.6 K Long contract were added by FII's and 3  K short contracts were added by FII's. Net Open Interest increased  by 5.6  K contract, so fall in market was used by FII's to enter long and enter  shorts  in  Index futures. Solution for Not able to pull the trigger in Trading
 As discussed last Analysis   Now 8951 will become the new 8577. Closing above it Nifty can move all the way towards 9045/9189/9334,Closing below it 8856/8716/8622 are the targets for the September series. Nifty finally did today its breakout target high made today was 8968, But again unable to close above 8951. 8910 will play very crucial role in next 2 trading session as break of


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