Wednesday, February 24

Nifty corrects from gann arc, EOD Analysis

FII
  • FII's bought 4.3 K contract of Index Future worth 216 cores ,5.3  K Long contract were added by FII's and 0.9 K short contracts were added by FII's. Net Open Interest increased  by 4.3 K contract, so fall in market was used by FII's to enter  long and  enter shorts in  Index futures. Nifty 50 To Have 51 Securities , First time DVR added
As discussed in last analysis Time Analysis suggests big move is round the corner so be prepared for it. Nifty needs to close above the gann arc as shown below for bulls to take total control. We have highlighted the importance of 7238 in this post . Nifty saw


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