Nifty Daily Technical, FII F&O Analysis for 04 April

• FIIs sold 25165 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 722 cores with net Open Interest increasing by 38697 contracts. FII booked profit in long and went short  in Index Futures as net OI rose with price. Benefits of Making a Trading Plan

Nifty after opening gap down today, went into consolidation  with negative bias  not able to show recovery during afternoon session and fell sharply by around 100 points.  NS closed at 5673 after  making high of 5744 and low of 5650. We have discussed Nifty range as 5650-5750 2 days before as  per option data , market obliged us. Nifty is currently forming a..

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