Wednesday, 23 July 2014

Nifty & FIIs Analysis for 24 July 2014

  • FIIs bought 1330 contracts of Index Future (bought 11407 long contracts and 10077 short contracts were added) with net OI increasing by 21484 contracts. FIIs were net buyers today.
  • Nifty made life high and at same time FIIs started adding short contracts on high. Nifty trading near strong resistance 7800 so all long trade need a strict stop losses. There will be a big explosive move expected in 1-2 days.
  • Nifty may test 7820 – 7845 & support levels comes at 7760 – 7615 – 7570.  


23-Jul-14
Client Type
Future Index Long
Future Index Short
Client
44.43%
48.06%
DII
0.39%
0.31%
FII
47%
32%
Pro
8%
20%
Total
100%
100%

No comments:

Post a Comment