FII FnO Data Analysis for 06 May

• FII's sold 44.3 K contract of Index Future worth 924 cores,43.9 K Long contract were squared off  by  FII's and 1.2 K  short contracts  were added by FII's. Net Open Interest decreased  by 41.8 K contract so rise was used by FII's to square off longs in Index Future.What Kind of Trader are You ?

 Nifty after yesterday rise did not show a follow up move, consolidated in range and formed a long legged DOJI, Gunner shows we are entering a new quadrant tomorrow  so impulsive move can be expected in next 2 trading session. Pyrapoint analysis also shown in below chart suggests as we are entering new..

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