FII FnO Data Analysis for 18 July

• FII's bought  13636 contract of Index Future worth 520 cores, 6.5 K Long contract were added  and 7 K short contracts were squared off by FII's. Net Open Interest came down by 530 contract.

NIfty closed above the supply zone of 7570-7585 and this zone will become support of the Nifty, Nifty was unable to cross the Golden Ratio @ 7661, made high of 7656. Close above 7661 open upside till 7700/7731. Also Gann fan also...

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