Cabinet Reshuffle done with young guns inducted , PM ruling out possibility of early election will be a sentiment booster for Capital Markets. RBI policy on Tuesday will Keep nifty volatile till Tuesday 11 PM. 1. FII sold 12946 Contracts of Index Future,worth 353 cores with net OI decreasing by 5158 contracts. 2. As Nifty… Read More »
1. FII bought 8090 Contracts of Index Future,worth 236.01 cores with net OI increasing by 78396 contracts. 2. As Nifty Future was up by 36 points and Open Interest in Index Futures increased by 78396,so FII covered shorts and initiated fresh longs in Nifty Future and Bank Nifty.An important point to note today’s traded contract… Read More »
1. FII sold 10776 Contracts of Index Future,worth 282.53 cores with net OI increasing by 3064 contracts. 2. As Nifty Future was down by 48 points and Open Interest in Index Futures increased by 3064,so FII took shorts in Nifty Future and Bank Nifty.They are also playing the range 5725-5635 and doing more of day… Read More »
Nifty made the top at 5815 in September,Flash crash occurred hurting the sentiments and Nifty made a 100 Points range 5635-5725 and since has been oscillating in that range from past 8 trading sessions.The law of moving average always suggests when get heavily loaded on a single side consolidation is the name of game, So… Read More »