Monday, September 18

Nifty make fresh life high, holding 10030

  • FII's sold 2.2 K contract of Index Future worth 197 cores ,1.4 K Long contract were added by FII's and 3.6 K Short contracts were added by FII's. Net Open Interest increased  by 5.1 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. FII's Long to Short Ratio at 1.35. Daring greatly requires worthiness
  • As discussed in last analysis   Nifty made another failed attempt to make new high as high made was 10127 but still 10030 was held as price is near gann angle for last few days big move is on the cards. till we are holding 10030 another attempt will be made towards new life highs and ultimate move towards 10250 which is an important gann resistance,  Bearish below 10030 for a move towards 9970/9930/9870. So Finally we crossed the new life high with a gap up,
Continue Reading

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home