FII Data Analysis for 17- Jan
- FIIs bought 11757
contracts of Index Future (bought 15408 long contracts and 3651 short contracts
were added) with net OI increasing by 19059 contracts at same time Nifty gain 2
points and closed at 6318.9 (Spot) Vs. 6320.9
(Spot) previous close.
- FIIs adding long as
well as shorts position today also, tough time for bulls as well as bears for a
while. After yesterday’s rally nifty consolidates today suggest bullish range
construction.
- Nifty spot has
resistance at 6345 – 6400 & support at 6295 – 6270.
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