Tuesday, February 10

Nifty ready for swift move in next 2 session, FII Data Analysis

FII
  • FII's sold 75.2 K contract of Index Future worth 1792 cores, 29.2 K Long contract were squared  off by FII's and 46 K  short contracts  were added by FII's. Net Open Interest increased  by 16.8 K contract ,so FII's squared  off  long  in Index Futures and added huge shorts in index futures.
Nifty corrected for seventh day in a row with correction of 520 points  and Bank Nifty has corrected 2500 points, Fall has been in straight line and its first time after 2000 when Nifty has corrected 7 days in a row. As per Gann Analysis 10/11 Feb are very important date and sharp and swift...
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