Nifty Futures Feb series Overview

• FIIs sold 30419 contracts of Index Future worth 889  (98291 Long contracts were squared off and 72871 short contract  were squared off) with net Open Interest decreasing by 25470 contracts, so FII's squared off both longs and shorts, shorts in morning session and longs in evening session. NF played exactly in our range of 6028-6081 as discussed on Facebook page.
  

Nifty continued with its correction 5 day in a row, 328 points got corrected in 5 trading sessions, which has taken hard core bulls by surprise. Traders shorts as per PAC

Continue Reading