Thursday, April 7, 2016

EOD ANALYSIS 07/04/2016

NIFTY SPOT 7546.45

Nifty seen profit booking in todays session. FII reduced 23500contracts of index long futures and 2000 short contracts added by FII. In todays trading session FII are exited long positions and adding short positions seen.

Index options:

Nifty options having highest open interest at 8000CE.  Call options shorting seen today. I am hoping nifty will find strong support at7500.

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