- FII's
sold 29978 contract of Index Future worth 1145 cores, 24.1 K Long
contract were squared off and 5.8 K short contracts were added by FII's.
Net Open Interest decreased by 18.2 K contract. With fall of 127
points FII's have added few shorts and mostly profit booking in existing
long contracts.
As discussed yesterday EW analysis any
break below 7650, Nifty can break down till 7581 , Low made today was
7593.NIfty is near an important support @ 50 DMA which if held can see
bounceback till
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