- FIIs sold 630 contracts of Index Future (bought 18754 long contracts and 19384 short contracts were added) with net OI increasing by 38138 contracts. FIIs added both long and short contracts today.
- As discussed in last report nifty exactly bounced as suggested and rallied today. Nifty broke three days range on upside which may bring upward momentum. Again FII started adding short contracts when market just began to rise which gives weak sign in the market.
- Nifty has support at 7595 – 7560 & resistance at 7660 – 7700 (spot).
Wednesday, 16 July 2014
Nifty & FII Data Analysis for 17 July 2014
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment