Tuesday, February 16

Nifty moves from supply zone to demand zone,EOD Analysis






FII
  • FII's bought 18.8 K contract of Index Future worth 1030 cores ,18.5 K Long contract were added by FII's and 342 short contracts were covered by FII's. Net Open Interest increased  by 18.1 K contract, so fall in market was used by FII's to enter  long and  exit shorts in  Index futures. What Constitutes 80% Of Trading
As discussed in Last Analysis   Till 7151 is held on closing basis we are heading towards 7238.Support at 7043. Nifty opened with gap up touched the high of 7204 and fall down to break 7151, and saw the big fall till our support of 7043, closed above it. Till it close above




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