Bears hit double century,FII FnO Data Analysis

• FII's bought 5.1 K contract of Index Future worth 178 cores,1.3 K Long contract were squared off by  FII's and 6.4 K  short contracts  were squared off by FII's. Net Open Interest decreased  by 7.8 K contract so today's fall was used by FII's to square off both longs and   shorts   in Index Future .Reason for excessive Volatility in Stock Markets

This is what we discussed yesterday analysis Nifty is near 38.2% retracement @8320 and 8332 where the big fall occurred 3 days before. Trend is up till the lower low is not formed. Nifty is at crucial juncture as per gunner pattern so expect more volatility going forward. Volatility 


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