Monday, December 5

Nifty trade above 8100 heading towards 8250,EOD Analysis

fii
  • FII's sold 1.4 K contract of Index Future worth 178 cores ,0.9 K Long contract were liquidated by FII's and 0.05 K short contracts were liquidated by FII's. Net Open Interest increased  by 0.03 K contract, so rise in market was used by FII's to exit long and exit shorts  in  Index futures. Why Traders are unable to Follow Your Trading Plan
As discussed in last analysis Now Bulls need a close above 8250 for a move towards 8318/8444. Bears will get active below 8140 for a move towards 8080/8050. Low made today was 8056 so bears did the target on downside. Now Holding above 8130 bulls will made

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