1. FII sold 13409 Contracts in NF worth 311 Cores in Index Futures with Open Interest increasing by 32527 contracts.
2. As NF was down by 48 points with Open Interest increase by FII . Rise in OI with fall in price means shorts were taken.
3. An interesting observation today we had bad inflation data market tanked from 4848 and immediately recovered but again unable to sustain highs and tanked again we have so much bearishness all around and Nifty has all the reason to correct still buying in coming at lower levels. Will make do the least obvious in coming 2 days ie. a sharp and swift rally to surprise all bears.
4. NF total OI was at 2.05 cores with 5 lakh addition means shorts got created from retails and HNI also.
5. INR kept on with its bull run and made a new high of 53.8. Things looks overdone here and i accept a brief pullback
--
Rgds,
Bramesh
09985711341
http://www.brameshtechanalysis.com/
Follow on Facebook during Market Hours: http://www.facebook.com/pages/Brameshs-Tech/140117182685863
You received this message because you are subscribed to the Google Groups "TradingCenter" group.
To post to this group, send email to tradingcenter@googlegroups.com.
To unsubscribe from this group, send email to tradingcenter+unsubscribe@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/tradingcenter?hl=en.
Leave a comment