Tuesday, August 5

Nifty Technical Analysis before RBI event

FII_1
  • FII's bought 7492  contract of Index Future worth 289 cores, 9.1  K Long contract were added  and 1.6 K short contracts were added by FII's. Net Open Interest increased  by 10.8 K contract.
  • We have RBI Policy tomorrow, Nifty today 21 HEMA@7694 and nears 34 HEMA @7715 closing above it on 2 hour basis will confirm a fresh uptrend else the down move will resume.
Nifty Hourly EW
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posted by Bramesh at 7:05 AM

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