{LONGTERMINVESTORS} Nifty corrected as 7575 proved stiff resistance, EOD Analysis

• FII's sold 876 contract of Index Future worth 1327 cores ,6.6 K Long contract were liquidated by FII's and 5.7  K short contracts were liquidated by FII's. Net Open Interest decreased  by 12.4K contract, so fall in market was used by FII's to exit long and  exit shorts in  Index futures. How to Manage Trading Stress
  

As discussed in Last Analysis  Will Nifty close above 7575 after RBI event ?Range of 7593-7634 is tricky range and crossing the same will take lot of efforts from bulls , Support are also rising and now near 7462/7420. Nifty made high of 7576 after RBI event was over and than came

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Rgds,

Bramesh

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