Reasons Why My Trading Blog Is Different
There are lots of trading blogs out there but I genuinely know that my trading blog Money munch is a a variety of kind of blog and here is why:
I am not trying to upward offer you to any other system that costs thousands of dollars. I do not have a newsletter, paid trading space, or training courses, I am a trader that blog basically for my own benefit. Blogging forces me to duty on increasing my trading every day.
The trading instructions I speak regarding on my blog are from proper life experiences not principle or thinking.
thats why my Trading blog is Different.
Last close: 6143.35
Yesterday FIIs bought 65602 contracts of Index futures and sold 42063 contracts of Index futures which come to net buy of 23539 contracts worth 709 Crores with net open interest increasing by 4985 contracts.
Thinking about all above basic facts it appears that FIIs once again did short covering in Nifty Futures, Still no indicator of fresh long. Today again will be the crucial day to watch out the activity of FIIs.
Today Market is expected to open higher following positive trend observed in another Asian markets, Reliance stock will stay in focus after reported profits which were largely in line with analyst expectations.
WHAT FOR TODAY?
Nifty future short sell 6144 to 6188 for targets 6066 and 6044 if break and close below 6066,…then wait for targets 5988-5966