Tuesday, September 20

Nifty continue to hold 8760,EOD Analysis

fii
  • FII's sold 6.2 K contract of Index Future worth 431 cores ,0.4 K Long contract were added by FII's and 6.7 K short contracts were added by FII's. Net Open Interest increased  by 7.2 K contract, so rise in market was used by FII's to enter long and enter  shorts  in  Index futures. EVERY SUCCESS STORY IS ALSO A STORY OF GREAT FAILURE
 As discussed last Analysis   Holding 8760 we can see another upmove towards 8860/8928, Bears will get active only below 8700 for target of 8656/8600. Low made today was 8774 so nifty continue to hold 8750 and made high of 8824, now need to head towards 8860/8928 holding 8760. Bears will be active only below 8700, As seen in below trading trading above 8830 can see


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