Sunday, 30 October 2016

{LONGTERMINVESTORS} Nifty Analysis for Muhurat Trading

fii

  • FII's sold 17 K contract of Index Future worth 1117 cores ,8.2 K Long contract were liquidated by FII's and 8.7 K short contracts were added by FII's. Net Open Interest increased  by 0.5 K contract, so rise in market was used by FII's to exit  long and enter shorts  in  Index futures.  Muhurat Trading: Vows Traders should make to avoid loss in coming Year
 As discussed last Analysis  Now bulls will become active only above 8656 for a move till 8752/8800 High made on Friday was 8654, Bulls need close above 8656 for a move till 8700/8750, As seen in below chart we are seeing contraction of trading range,


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