Nifty and Bank Nifty Future Trading strategy before crucial RBI Policy

1. FIIs sold 1730 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 36.20 cores with net Open Interest increasing by 29936 contracts.
2. As CNX Nifty Future was up by 3  points with Open Interest in Index Futures increasing by 29936 so FIIs created fresh long  in Nifty and Bank Nifty. Today we moved above trend changer level of 12734 of Bank Nifty and FII again created longs in Nifty and Bank Nifty future.
3. NS closed at 6075  after making high..

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