Tuesday, January 6

Nifty sees biggest fall of 2014 Bull Run, Whats next ?

FII
  • FII's sold 137 K contract of Index Future worth 2817 cores, 117 K Long contract were squared off  by FII's and 20.4 K  short contracts  were added by FII's. Net Open Interest decreased  by 96  K contract ,so FII's squared off big quantity long in Index futures in.
Nifty saw the biggest  decline of current bull market, Biggest falls in  Indian stock market  history saw a one side decline through out the session and is approaching support zone of 8035-8080 where we need to observe the price action. Again I would reiterate on declines like today buy quality stocks for good appreciation. Bullish...


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