FII FnO Data Analysis for 10 Oct

• FII's bought 14.3 K contract of Index Future worth 566 cores, 12.4 K Long contract were added  and 1.8 K short contracts  were squared off by FII's. Net Open Interest decreased  by 10.6 K contract , so FII added long in index futures  and covered partial short in index futures.

As discussed yesterday  Nifty near gann box support, Be ready for big move Nifty obliged us with big move as we expected, but it does not mean bulls are back, till be cross the green line in gann box as shown below. 8000-8030 is where the green line will come so be cautious near this level. On downside support is now in range..

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