FII F&O Data analysis for 13 Sep trade in Nifty Future Trading

Nifty Future made a fresh September series high today at 5453. IIP data came at 0.1 which is as per market expectation.
Another important Global event German Court gave in favour of using ESM and Germany Can Ratify ESM Fund With Conditions so nothing is stopping Bulls. Always remember hot money chase the momentum and in liquidity driven rally fundamental will take the back seat. So do not waste your time in finding top and bottom,Stay with trend and mint money.
1. FII bought 18249  Contracts of Index Future,worth 437.39 cores  with net OI increasing by 13123 contracts.
2. As Nifty Future was up by 42  points and OI has increased by 13123, FII have intitated fresh long in Nifty and Bank Nifty Future. Mometum is on higher side ...

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