Tuesday, 25 October 2016

{LONGTERMINVESTORS} Nifty Bulls and Bears continue to fight for supremacy,EOD Analysis

fii

  • FII's sold 11.6 K contract of Index Future worth 763 cores ,3.6 K Long contract were added by FII's and 8 K short contracts were added by FII's. Net Open Interest increased  by 4.4 K contract, so fall in market was used by FII's to exit long and enter shorts  in  Index futures.  Why Do Traders Lose? Part-I
 As discussed last Analysis 8710-8732 is crucial range for bulls as its gann resistance  and 8601-8610 is support on downside below which bears will start   warming up again. Between the range choppy move continue. High made today was 8722

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Rgds,
Bramesh

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