Tag Archives: Nifty corrects from trendline resistnace

Nifty corrects from trendline resistance, FII Data analysis

By | June 18, 2013 9:08 pm

FIIs sold  10992 Index Future worth 321 cores with net Open Interest increasing by 23064 contracts.FII continued shorting in index futures. Nifty has closed above 200 DMA is past 3 trading sessions. Today it took resistance at the falling trendline and gave a sharp pullback. After the formation of bullish island reversal pattern (on 14th… Read More »