S&P CNX Nifty Trading Strategy after double bottom formation

1. FIIs  sold 4770 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 134.12 cores with net Open Interest increasing by 560 contracts. 2. As CNX Nifty Future was up by 38 points after 5 days of losing streak with Open Interest in Index Futures increasing by 560, so FIIs have booked … Read more

Nifty Weekly Technical Analysis for Week Beginning 13 August

Nifty is defying that Gravity exists with each small dips is getting bought into(Well it goes with our analysis),but if you look at the internal of market Nifty is driven higher with few stocks namely HUL,ITC and RIL. Bharti Airtel and State Bank of India have broken down after results. So we have  market rising … Read more