FII FnO Data Analysis for Nifty June Expiry

• FII's bought 64.1 K contract of Index Future worth 1490 cores ,113 K Long contract were added off by FII's and 49  K  short contracts  were added  by FII's. Net Open Interest increased  by 162 K contract, so todays last hour expected fall was used by FII's to enter majority longs and partial shorts in index futures.  Do You Trade The Market or Your Emotions ?

This is what we discussed in yesterday analysis  Nifty finally formed DOJI at the upper end of AF as shown in below chart.So if 8393 not crossed which is 50% Fibo retracement levels we can see some pullback of 8300/8270 in nifty. Gunner also show we are heading to grey line and green arc so caution advised on longs.High made today is at 3x1 gann angles as shown in hourly charts. So Finally we had a pullback of

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