FII FnO data analysis for 30 Sep

• FIIs sold 8868 contracts of Index Future (sold 3431 long contract and  5437 shorts were added ) worth 243 cores with net Open Interest increasing by 2006 contracts.FII's have shorted Index Futures

Nifty continued to move in the trading range, today formed bearish engulfing pattern but it took support at the rising trendline. Monday's price action will further unravel the mystery. Market moves will be choppy going forward till the range of 5798-5920 is not broken. We have monthly closing also on Monday bulls..

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