Nifty Jan 2016 Expiry Analysis

• FII's sold 11.7 K contract of Index Future worth 619 cores ,17.4  K Long contract were added by FII's and 29.1  K short contracts were added by FII's. Net Open Interest increased  by 46.5 K contract, so fall in market was used by FII's to enter long and  enter shorts in  Index futures. Want to Be Profitable Trader?
  

As discussed in Last Analysis Now range of 7460-7480 should be watched closely as closing above it can see nifty moving in 7550-7575 range where we have strong supply, Support at 7320 and 7250. High made was 7477 and nifty came down to close @7437.

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