Nifty rallies for 7 days,FII FnO Data Analsysis

• FII's bought 7.8 K contract of Index Future worth 248 cores,4 K Long contract were added by FII's and 3.8 K short contracts  were squared off by FII's. Net Open Interest increased  by 123 contract. Satyam India's Enron : How the Scandal Unfolded

 Nifty continued with its rally forming higher high and higher low pattern.As discussed yesterday Till 8679 is not broken trend remains up, Low made today 8682 .As per gunner Nifty took support at Green arc and is  now head to the gann line as shown by red line. Nifty is also near the 61.8% retracement..

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