Will Nifty Bulls able to hold 9368, EOD Analysis

Saturday, May 13 Leave a Comment

  • FII's sold 13 K contract of Index Future worth 916 cores ,5.5 K Long contract were liquidated by FII's and 7.5 K  Short contracts were added by FII's. Net Open Interest increased  by 2 K contract, so fall in market was used by FII's to exit long and enter short in  Index futures. Lesson a TRADER can learn from ANT
As discussed in last analysis   Nifty made high of 9450 almost doing our target of 9459, now we should see some consolidation in market in range of 9368-9460

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