{LONGTERMINVESTORS} Nifty June Expiry Analysis

• FII's bought 11.1 K contract of Index Future worth 683 cores ,12.8 K Long contract were added by FII's and 1.6 K short contracts were added by FII's. Net Open Interest increased  by 14.4 K  contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures.Why I fail as a trader
  

 As discussed in Yesterday Analysis   For next 4 days 8111 will play a important role on upside and 7972 on downside, breaking any one of the levels can see move 8210/8241 on upside and 7921/7777 on downside. High made today was 8212. Panic was created with gap down and whole move have been retraced but its not a faster retracement,

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Rgds,

Bramesh

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