Tuesday, October 28

Nifty ready for Big move,FII FnO Data Analysis

FII_1
  • FII's bought 14.2 K contract of Index Future worth 592 cores, 41.5 K Long contract were added by FII's and 27.3 K short contracts  were added  by FII's. Net Open Interest increased  by 68.9 K contract , so FII added long in index futures but are adding shorts.
As discussed yesterday  structure is still bullish till it do not close below the green line in the gann box.Once 8060 is crossed new high can come by Expiry or by Friday. Big move will be

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