FII’s bought 6081 contract of Index Futures worth 225 cores (7.6 K longs were added and 1.5 K shorts were added Index Future) with net OI increasing by 9229 contracts. Nifty made a new life high again today 6763 ,and closed above its trendline. Nifty formed again today Hanging Man candle stick third day in row,… Read More »
FII’s sold 5336 contract of Index Futures worth 177 cores (5.7 K longs were added and 11.1 K shorts got added in Index Future) with net OI at 16918. So before crucial RBI policy FII’s majority shorts. Nifty made a new life high again today 6730 ,and closed near its trendline. Nifty ended the Quater… Read More »
FIIs bought 26292 contracts of Index Future worth 884 cores (339 Long contracts were added and 25.9 K short contract were squared off ) with net Open Interest decreasing by 25.6 K contracts, so FII’s were in square off mode in shorts. Nifty made a new life high again today 6627,and closing just above the… Read More »
FIIs bought 10296 contracts of Index Future worth 346 cores (30.8 K Long contracts were added and 20.5 K short contract were added) with net Open Interest increasing by 51.4 K contracts, so FII’s added both longs and shorts in Index Futures. Nifty made a new life high again today 6595,lead by banks.Still unable to… Read More »
FIIs bought 31921 contracts of Index Future worth 1056 cores (54.5 K Long contracts were added and 22.3 K short contract were added) with net Open Interest increasing by 76.9 contracts, so FII’s added both longs and shorts in Index Futures. Nifty made a new life high again today 6591,lead by banks.Advance decline was negative… Read More »
Nifty Hourly Chart Nifty Hourly charts has closed below its 50 HDMA, which is bearish in short term.Any close above 6510 will bring back bullishness in market. Nifty Daily Chart Nifty after breaking out of 6410 range last week, consolidated its gains in last week. Now range of 6357-6410 becomes an important support of market.… Read More »
Wishing reader a very very prosperous and happy Holi !! Nifty showed remarkable resilience,holding on to higher levels despite the sell-off in the rest of the global markets.Next week we have The Federal Open Market Committee meeting scheduled for Wednesday which will decide on Fed Taper. Also Geo political issue will keep market on the rocks.… Read More »
FIIs bought 22080 contracts of Index Future worth 705 cores (24915 Long contracts were added and 2835 short contract were added ) with net Open Interest increasing by 27750 contracts, so FII’s added huge longs in index future and marginal shorts were added. Nifty after yesterday rise is near its trendline resistance, 6300-6320 range has… Read More »
Last Week Chopad Level of 6160 did triggered and Nifty did its 2 target on upside, Lets analyze how to trade nifty in coming week. Nifty Hourly Chart Nifty Hourly charts has closed above its 200 HDMA, which is bullish in short term.Holding 6200 for next 5 days is crucial for Nifty. Nifty Daily Chart… Read More »
FIIs bought 33307 contracts of Index Future worth 1047 (35365 Long contracts were added and 2058 short contract were added ) with net Open Interest increasing by 37423 contracts, so FII’s added marginal shorts in index future and aggressive longs were added today also. Nifty opened gap up , and quickly moved down to… Read More »