Nifty Trading Strategy for 04 Dec

1. FIIs  sold 8967 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 251.05 cores with net Open Interest increasing by 4927 contracts.
2. As Nse Nifty Future was up by 2 points with Open Interest in Index Futures increasing by 4927, so FIIs booked profits in longs of  Nifty and Bank Nifty Futures.

3. NS closed at 5871 after making a high of 5899 and low of 5855. Bull looks tired after fast and furious rise and consolidation will be name of game. With Political bickering going all around volatility will also be...

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