Tuesday, July 11

Nifty saw small pullback after doing 9830,EOD Analysis


  • FII's bought 1.5 K contract of Index Future worth 93 cores ,2 K Long contract were added by FII's and 521 Short contracts were added by FII's. Net Open Interest increased  by 2.5 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 2.6  What needs to be avoided to become Successful trader

  • As discussed in last analysis Low made today was 9646 and high made was 9782 so finally squaring of space showing its color, bulls were able to hold 9645 and as soon as 9720 was broken we had a big rally on upside almost doing our target of 9720. When Price and time are by your side big moves are easy to capture as I have been indicating in my posts about impulsive time cycle. Now Bulls

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