Nifty ready for decisive move, Will SBI provide the trigger?

• FII's sold 10985 contract of Index Future worth 419 cores, 15.6  K Long contract were squared off and 4.6  K short contracts were squared off by FII's. Net Open Interest decreased  by 20.2 K contract.FII's exited both long and shorts today with Nifty giving volatile move.

Nifty closed below its 20 DMA, Yo YO swing between Bulls and bears Continue today also with nifty swinging wildly between 7630-7709. We also have a freak trade today when NIfty Future jumped from 7709 to 7748 in matter of 4 minutes between  1:54-1:58.  If data is observed 338 contracts of NF got traded at 7709 and than 9828 contract got traded at 7748. Nifty has been frustrating

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