Wednesday, June 5

Nifty consolidates near 5900, FII FnO Data Analysis

FII
  • FIIs sold 20096 Contracts of Index Future ,worth 597 cores with net Open Interest decreasing by 2288 contracts, FII are still booking profit in positional longs, no shorts taken on positional basis. Professional Trader Trading Rules
As discussed in Weekly Analysis, Nifty is approaching near the crucial support of Trend line crossover and moving averages support. Updated chart is shown below.


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