Nifty trades volatile in triangle pattern,FII FnO Data

• FII's bought 9.9 K contract of Index Future worth 178 cores, 4.1  K Long contract were added  by FII's and 5.7 K  short contracts  were squared  off by FII's. Net Open Interest decreased  by 1.6 K contract ,so FII's added  long and squared off   shorts in Index futures.

Nifty  saw an intraday correction which got bought into as it found support at its 21/34 HEMA suggesting underlying trend is bullish. Market generally trades volatile in triangle formation...

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