Nifty Bulls fail to close above 8600,EOD Analysis
- FII's bought 1.1 K contract of Index Future worth 64 cores ,0.9 K
Long contract were added by FII's and 0.1 K short contracts were
liquidated by FII's. Net Open Interest decreased by 35.5 K contract, so
rise in market was used by FII's to enter long and exit shorts in
Index futures. Deliberate practice & 10 Years of Silence will set you "apart"
As discussed last Analysis As
we have weekly closing tomorrow and nifty bulls will try hard to hold
to 8518-8520 levels and bears will try to close below 8500. Holding
8500-8520 range nifty can again bounce towards 8700/8756/8800. On
Downside strong support in the range of 8448-8450. Nifty made low of 8549.80 and range of 8500-8520 was
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