Bulls celebrate Diwali on Dalal Street, FII F&O Analysis

• FII's bought 10 K contract of Index Future worth 398 cores, 19.1 K Long contract were added by FII's and 9.1 K short contracts  were added  by FII's. Net Open Interest increased  by 28.2 K contract , so FII added long in index futures but started adding shorts also in index futures

• This is what we discussed in last analysis  Range of 7930-7940 is supply zone as shown in the below gann box once crossed can see impulsive move in nifty. Nifty again stopped @ yellow line of gann box Once 7930 is crossed next target comes @ 7972/8030.
  

Nifty Future October Open Interest..

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