Nifty Future Trading as per FII FnO Data Anlysis

• FIIs sold 588 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 15 cores with net Open Interest increasing by 13750 contracts. FII added few shorts  in Index Futures as net OI rose with price. How to Take Emotion Out of Trading

Nifty closed below 5500, 7 month low. The fall we are seeing in April series make me reminiscent of May-2012. Yesterday we discussed NR7 formation and in advanced cautioned readers of impending volatility, Nifty obliged us with an 128 points range :). Nifty opened gap up but initial move as per our Gap Theory suggested of gap filling and with use of..

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