Tuesday, October 22

Nifty holds 6200, FII data analysis

FII
  • FIIs bought 3026 contracts of Index Future (bought 8666 long contract and 5640 shorts were entered ) worth 110 cores with net Open Interest increasing by 14306 contracts.So FII's have slowly started entering shorts in Index Futures.
Nifty today closed at 6203 and Nifty has formed a DOJI candlestick signalling a pause in current uptrend. Nifty was trading in 39  point range today absorbing the supply of traders who are struck..

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