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Nifty Future Update: bear pulls back Emipre


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(last close : 5648.45)

It requires a great deal of boldness and a great deal of caution to make a great fortune, and when you have it, it requires ten times as much skill to keep it. – Ralph Waldo Emerson

Nifty closed down 166.35 points at 5655.90 while Nifty futures closed at 5648.45, discount of 7.45 points. FIIs sold huge in Cash, net sell 2094.06 Crore while DIIs bought in Cash, net buy 1332.50 Crore. FIIs sold in Index future, Index Option but bought in Stock future, net sell 874.28 Crore.

yesterday we told that ….

we expect the NF level at the  downside is  5697 and break of 5697 will take it to the new low of 5673 and made a new low off 5645

what for today…?

bear taking strong postion to rule the market its hold too strong that it

break yesterday….5673.

today if go below 5630 then the new level of 5570

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