FII FnO data analysis for 09 May

• FII's sold 8987 contract of Index Futures worth 300 cores (11.2 K  longs were squared off and 2.2 K shorts were squared off in Index Future) with net OI decreasing by 13.4 K contracts.FII's were square off more today.

 6656 got broken and Nifty moves down to 6638 which is near 50% Fibo retracement. Any break below 6638 support exit at 6618 and 6580 As per classic TA Bulls market take support at

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