Monday, October 21

Nifty forms Doji candle, FII FnO data analysis

FII
  • FIIs bought 5395 contracts of Index Future (bought 6087 long contract and 692 shorts were entered ) worth 167 cores with net Open Interest increasing by 6779 contracts.
Nifty today closed at 6204 and is the highest weekly closing since 10 Nov 20111, Nifty has formed a DOJI candlestick signalling a pause in current uptrend. Nifty was trading in 57 point range..

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