FII FnO Data Analysis

• FIIs bought 14727 contracts of Index Future (Book profits in 4998 Contracts of shorts and 9729  longs were sold) worth 392 cores with net Open Interest increasing by 4731 contracts. So as per data analysis, FII are entering in Long in NF and BNF and booking profit shorts in NF and Bank NF. Chart Patterns for Technical Traders

Nifty  at last after continuous  fall of 11 day in a row, showed a bounce back.  Nifty took exact support at the demand area as discussed and showed up  bounceback from 5487-5477

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