Nifty Continue to make new high,EOD Analysis

Monday, July 17 Leave a Comment

  • FII's bought 3.8 K contract of Index Future worth 278 cores ,5 K Long contract were added by FII's and 1.1 K Short contracts were added by FII's. Net Open Interest increased  by 6.2 K contract, so rise in market was used by FII's to enter  long and enter  short in  Index futures. FII's Long to Short Ratio at 1.99.Important Points for Trading Success

  • As discussed in last analysis  Bearish below 9610 only. As per time cycle till 9787 is held bulls can push nifty towards the scarocant figure of 10000 by 30 July. Till 9820 is held bulls are in control, bulls are in control and can push nifty towards 9936/9961/10000. Bearish below 9792 for a move towards 9700/9610. High made was 9928 so another target of 9936 almost done and bulls continue to close above 9900. Till we are holding 9830 bulls can move ahead and do the

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