Bulls Bears fights for 50 SMA,FII FnO Data Analysis

• FII's sold 4.3 K contract of Index Future worth 80 cores, 17.6 K Long contract were added by FII's and 21.9 K short contracts  were added by FII's. Net Open Interest increased  by 39.5 K contract ,so FII's added long in Index Futures  and continue adding shorts in index future.

 Nifty continued with its upward journey with gaps got stalled near 50 SMA and the Andrew Pitchfork lower line, closing above the AF line will increase the possibility of nifty  heading towards..

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