Nifty does 9450 above 9368, EOD Analysis

Thursday, May 11 Leave a Comment

  • FII's sold 1.6 K contract of Index Future worth 154 cores ,4.6 K Long contract were added by FII's and 6.2 K  Short contracts were added by FII's. Net Open Interest increased  by 10.8 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. How to maintain high level of energy during Trading Hours
As discussed in last analysis    Nifty gave the trending move as we were expecting  as per time cycle and in process broke 9368 and moved towards 1 target of 9425 high made was 9414 and now mostly 9425 will be done tomorrow. Above 9425 next target are 9460/9559. Bearish below 9310 only. Nifty made high of 9450 almost doing our target of 9559, now we
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