FII FnO Data Analysis for 07 Nov

• FII's bought 28.3 K contract of Index Future worth 721 cores, 52.2 K Long contract were added by FII's and 23.9 K short contracts  were added  by FII's. Net Open Interest increased  by 76.1 K contract , so FII have slowly started shorts in Index Futures.

• After rise of 2 days Nifty consolidated on Tuesday, 8350/8364 is important range unable to break and closing below 8300 can see some pullback to 8200 odd levels. Expect a big range day tomorrow as per time analysis.
  

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