Wednesday, April 17

Nifty closes above 200 DMA, FII FnO Analysis

FII

  • FIIs bought 44902 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 1265 cores with net Open Interest decreasing by 44262 contracts. FII did huge short covering today, but still no sign of fresh longs. Why Commodity Traders Lose Money
Fall in commodity prices has come as a Boon to Indian market,  Nifty made Highest gains since Sep 2012  and 100 points rally in 6 months.Nifty also filled the Breakaway gap which it formed on 04 April.Nifty closed above ..

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