Friday, February 20

Bulls and Bears fighting in 100 points range, who will win ?

FII
  • FII's sold 23.7 K contract of Index Future worth 641 cores, 16.5 K Long contract were squared off FII's and 7.2 K  short contracts  were added  by FII's. Net Open Interest decreased  by 9.2 K contract ,so FII's squared off long  and added shorts in Index Futures in volatile session of trade.
Nifty closed in red after  7 day of rise , it was a roller coaster ride for market today but was able to close above the hourly trendline resistance.  Gann Box was unable to cross the yellow line and corrected back to green line. Nifty has been rangebound in the range of 8800-8900 in past 2 session expect a good


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