(Last Close:5893)
Nifty closed down 3.00 points at 5878 while Nifty futures closed at 5893.35, premium of 15.35 points. FIIs sold in Cash, net sell 114 Crore while DIIs sold in Cash, net sell 69.75 Crore. FIIs bought in Index Option, Stock future but sold in Index Future, net buy 1241.70 Crore.
“By the Law of Periodical Repetition, everything which has happened once must happen again, and again, and again — and not capriciously, but at regular periods, and each thing in its own period, not another’s, and each obeying its own law… The same Nature which delights in periodical repetition in the sky is the Nature which orders the affairs of the earth. Let us not underrate the value of that hint.” ~Mark Twain
What For Today?
Today We are holding Short sell on NF 5911-5927
Today expect support at level 5855-5863 If NF kissed the 5914 and stay there for while then climb up to 5953 .
Now if makes the low 5845 then possible breaks down to 5795 .
Long Term prediction on Nifty Future
Don’t be surprise if NF will 6565 to 6637 coming days…
Short selling will born only around 6300 for short term only
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