Nifty forming triangle, FII data Analysis

• FII's bought 187 contract of Index Futures worth 15 cores (2.1 K  longs were added and  1.9 K shorts were added in Index Future) with net OI increasing by 4.1  K contracts.FII's playing for range bound moves till expiry.

Nifty is forming a triangle on daily charts, height of triangle comes at 434 points. Now to complete the triangle formation market has to give one rally on upside near

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