Thursday, May 16

Nifty gives breakout, FII FnO Analysis

FII

  • FIIs bought 8097 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 246 cores with net Open Interest increasing by 24963  contracts, so again long addition by FII. Want to be Successful Trader ?
As discussed yesterday Nifty is set to make a decisive move and market oblized us. Losses which were made on Tuesday got wiped off in 1 day and huge profits were also made. This is what I have been telling to readers and teaching my students. "Trust on System". Nifty opened at 6018


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