Open interest data is not supporting nifty correction since 3 sessions no fresh short positions build up on record only panic long unwinding is indicating that huge play is there in market by operators …record bolta hai hum nahin… but players cant stop/hold real move for longer period ….Nifty is falling Futures oi is also decreasing …Long Unwinding identifies the stocks which has seen good amount of reduction in open interest with the price going down.
as we have seen in last session ..in few minutes nifty corrected from 5840 to 5701 but in same fashion moved up to 5810
and it was well predicted and shared to all of you at yahoo
firstname.lastname@example.org (8/1/2013 11:36:49 AM): luv nifty is trading at double bottom and it seems full recovery
email@example.com (8/1/2013 11:37:03 AM): expecting 1 more hanging man
Trade in Nifty futures as per these levels
Buy at / above: 5793 Targets: 5814 – 5837 – 5859 – 5888
Stoploss : 5773
Sell at / below: 5773 Targets: 5754 – 5733 – 5707
Stoploss : 5793
Trade according to trend with stop loss and either be expert or trade under experts super vision ..do u want to be expert contact today …we will make you you expert in chart reading /positive trading and all ..
stay at open chat room
Positive Nifty opening is expected on 02 August 13