FII FnO Data Analysis for 09 April

• FII's bought 55.4 K contract of Index Future worth 1173 cores,42.5 K Long contract were added by FII's and 12.9 K short contracts  were squared off by FII's. Net Open Interest decreased  by 29.6 K contract. 4 traits of Successful trader

 Nifty continued with its rally forming higher high and higher low pattern.Till 8679 is not broken trend remains up .As per gunner Nifty took support at Green arc and is  now head to the gann line as shown by red line.Expect a big move in next 2 days. So level of 8736 will act as important level going forward.  Tomorrow..

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