Nifty Breakout FII FnO Data Analysis for 08 May trade in NF

• FIIs bought 17972 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 540 cores with net Open Interest increasing by31232 contracts. We indicated yesterday FII has again started going long in Index Futures, near our trend changer levels and today also added long .  Great Trader Characteristics

Yesterday we discussed based on our analysis nifty will give big move and today market rewarded us. Nifty witnessed sharp upside breakout today..


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