Nifty Trading Levels as per FII data analysis

• FIIs bought 27749 contracts of Index Future (bought 45251 long contract and  17502 shorts were added) worth 856  cores with net Open Interest increasing by 62753 contracts. SO FII's went aggressively long today.

Nifty opened below the upward rising trendline and near its 200 DMA, and closed near to the trendline confusing both Bulls and Bears.Bulls will try to protect the 200 DMA and bears will get upper hand as soon as Nifty start trading below the Chopad levels of 5806.Price Action Strategy has ..

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