NIFTY FUTURE MANAGED TO CLOSE AT 10693 ON 17/05/2018
Nifty future will consider stiff resistance a 10760 Next considerable Mild resistance exists at 10825.
Nifty future will consider stiff support 10655 by closing below this level nifty can move in bearish direction .Next considerable mild support levels exists at 10615
As long as Nifty hold 10755 levels ,will remain on bullish mode
Trend deciding level:-
Nifty future trend deciding level is 10755
FII ANALYSIS FOR 18/05/2018
FII’s Sold 995 contract of Index Future worth 636 crores.1.9k Long contracts were liquidated by FII’s and 2.9K short contracts were added by FII’s..So FII’s have added both long and short positions in index futures.