Nifty start new time cycle with close above 8270,EOD Analysis

• FII's sold 3.1 K contract of Index Future worth 203 cores ,2 K Long contract were liquidated by FII's and 1 K short contracts were added by FII's. Net Open Interest increased  by 920 contract, so rise in market was used by FII's to exit long and enter shorts  in  Index futures. Paul Tudor Jones explaining Why FAILURE is important

As discussed in last analysis   As we have new time cycle starting tommrow so expect 200-300 points move in nifty till 25 Jan. Bulls need close above 8270 and bear need close below 8200  and in between the range become no trade zone. Nifty finally closed above 8270

Continue Reading