Nifty completes ABC correction, FII Option data analysis

• FII's sold 458  contract of Index Future worth 15 cores, 11.9 K Long contract were added and 12.4 K short contracts were added So FII's went in market with hedged positions adding equally in both Longs and shorts.

• Nifty after 10 days of consolidation broke on downside, and completed its ABC correction as shown in below chart. As per ABC pattern "It's a stop run of the first pullback after an aggressive move to the upside that signifies more potential in the direction of the larger move." so if low of ..

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