Nifty near Gunner support, FII FnO Data Analysis

• FII's sold 17.9 K contract of Index Future worth 427 cores,13.5 K Long contract were squared off by FII's and 4.3 K short contracts  were added  by FII's. Net Open Interest decreased  by 9.2 K contract.

As per Pyrapoint Analysis Nifty Opened nifty is entering the support zone of 180 degree and holding well above its red line.  Gann Box also suggests we are entering a support zone and shorts should be cautious. Also Gunner in the second chart suggests we are nearing the sell target, so profit booking in shorts should be done. We can see another round of decline


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