Nifty Future Trading levels for 3 Feb

1. FIIs sold 3214 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 99 cores with net Open Interest decreasing by 1810 contracts. Importance of Effective Trading Plan in trading profitably

2. As CNX Nifty Future was down  by 31  points with Open Interest in Index Futures decreasing by 1810, FII hve booked profit again in longs. No major shorting seen by FII, as discussed in weekly analysis 5984 is important support.

3. NS closed at 5998 after making high ..

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