Nifty Future Technical Analysis for May F&O Series

• FIIs bought 125227 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 3716 cores with net Open Interest decreasing by 102440 contracts.Worlds Best Technical Analyst

NS closed at 6 weeks High 5916 after  making high of 5925 and low of 5854, Nifty Opened Gap up but did gave a dip till 5854 near to our buying level of 5856 and gave a sharp rally in last 30 min of trade.  As discussed yesterday expiry will be volatile due to Inside Day Candel formation hope traders were able to monetize on volatility.  Next all important ..

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