Nifty Future Trading strategy for 30 Jan

1. FIIs bought 20837 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 669.78 cores with net Open Interest increasing by 13139 contracts.Want to Know What is your trading weakness ?
2. As CNX Nifty Future was up down by 27  points with Open Interest in Index Futures increasing by 13139  so FIIs booked profit in long  in Nifty and Bank Nifty at higher levels and entered again at lower level.Average FII Buying comes at 6048 and Average FII selling comes at 6112 which means FII shorted at Highs and entered again near the low of today. Smart play by them :)
3. NS closed at 6049  after making high...

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