Nifty bounce back from 5487,FII FnO Analysis

• FIIs sold 2635 contracts of Index Future (Book profits in 7998 Contracts of shorts and 26654  longs were sold) worth 535 cores with net Open Interest decreasing by 34652 contracts. So as per data analysis, FII are still exiting longs and booking profit shorts in NF and Bank NF.FII's were doing more of intraday trading as average price comes at 8496 :) ,Reason for wild swings in nifty today.Tips from Worlds most Successful Trader
  

Nifty  continued to fall 11 day in a row,

Continue Reading