FII F&O Data Analysis for 18 April trade in NF and BN Future

• FIIs bought 14142Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 407 cores with net Open Interest decreasing by 8148 contracts. FII continued with  short covering today, but still no sign of fresh longs.Accepting Loss in trading

Nifty After rallying for three consecutive trading sessions, the Nifty took a breather on Wednesday with a volatile moves.Nifty opened gap up  unable to hold on to its gains and closed off the day’s high, with formation of DOJI candlestick pattern. Nifty Bulls unable to closed above 5700 shows lot of supply coming from higher range, but holding 200 DMA @ 5659 is..

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