- FII's
bought 6081 contract of Index Futures worth 225 cores (7.6 K longs
were added and 1.5 K shorts were added Index Future) with net OI
increasing by 9229 contracts.
Nifty made a new life
high again today 6763 ,and closed above its trendline. Nifty formed
again today Hanging Man candle stick third day in row, which is bearish
if 6720 is not broken.Today is 9 day in a row Nifty has closed in green
with index rallying 830 points, the kind of straight line rise we are
seeing is not healthy for market, as it shows over enthusiasm and any
kind of disappointment will be met by fast and furious fall. Traders
holding long either maintain a strict SL or square off the position and
sit on sideline. 6765 is very
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