Thursday, 2 January 2014

FII Data Analysis for 3-Jan 2013

§  FIIs sold 817 contracts of Index Future (bought 1894 long contracts and 2711 short contracts were entered) with net OI increasing by 4605 contracts at same time Nifty lost 80.5 points and closed at 6221.15 (Spot)  Vs. 6301.65 (Spot) previous close.

§  As we mention from past few days nifty has strong resistance at 6320 levels and it has not been managed to close above this level and drag down sharply today.


§  Nifty spot has resistance at 6260 – 6300 & nifty has support at 6180 – 6140. 

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