Levels and Plan for 11th May
Day 4 of the new series was a mix of Short Covering and Long Liquidation but even as the market rose by 112 points there was no evidence of an Increase in Market Open Interest. Skepticism still prevails and we maintain that the upswing may be used to clear long inventory.
Weekly Profiles May Fut w/e 08May
Here are the NF and the BNF weekly profiles for the week ended 8th May.