FII FnO data analysis for 12 Nov

• FIIs sold 17270 contracts of Index Future (sold 21945 long contract and 4675 shorts were covered ) worth 531 cores with net Open Interest decreasing by 22704 contracts.Again FII's are not adding any fresh shorts exiting longs so relief rally is on cards in next 2 days.
  

Nifty continued with its correction for 6 day running and broke the crucial support of 6100 and closed below it but closed above an Important chopad level suggesting, if todays low is not..

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