Friday, April 22

Nifty unable to close above 7972,EOD Analysis

FII
  • FII's sold 1.5 K contract of Index Future worth 74 cores ,2.7 K Long contract were added by FII's and 4.3 K short contracts were added by FII's. Net Open Interest increased  by 7.1 K contract, so fall in market was used by FII's to enter  long and  enter shorts in  Index futures.How Fear and Greed affects trading
As discussed in last analysis   Bulls need a close above 7950/7972 range to continue the rise further else we can see a dip till 7850/7800 range. High m

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