Thursday, September 8

Nifty heading towards 9000, EOD

  • FII's sold 0.08 K contract of Index Future worth 56cores ,2.1 K Long contract were added by FII's and 2.9 K short contracts were added by FII's. Net Open Interest increased  by 5.1  K contract, so rise in market was used by FII's to enter long and enter  shorts  in  Index futures. What separates amateur traders from the pros?
 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.  8910 will play very crucial role in next 2 trading session


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