Nifty holds 200 DMA in volatile trade, FII Data analysis

• FIIs sold 664 contracts of Index Future (Bought 5011 long contract and  5675 shorts were added) worth 46 cores with net Open Interest increasing by 10686 contracts. SO FII's are doing Intraday trading in market and enjoying the market volatility. As 2 major news based event in coming 2 days so less commitment to overnight positions.

Nifty continued trading in its sideways range of 5800-5950 and closing above its 100 and 200 DMA.  Today was a perfect day of consolidation with volatile move ..

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