Nifty ready for big move, FII FnO Data Analysis for 10 June

• FII's bought 6.6 K contract of Index Future worth 156 cores ,3.6 K Long contract were added  by FII's and 3  K  short contracts  were squared off by FII's. Net Open Interest increased  by 584 contract. Do You Suffer from Performance Anxiety in Trading?

• Nifty continued with correction 7 day in a row, low made 8005 and saw a small pullback in last 30 mins of trading. Nifty  has corrected 462 points with, formation of lower lows and lower highs, and very near to last swing low of 7997. Nifty has been holding the gann 1x1 line also we are at crossover of grey and red line which generally give fast moves, so if 7997 is broken we can see a fast downmove till 7910 odd levels holding the same relief rally till 8200 can be seen in next few days. Time Ananlysis suggests big move is round the corner.

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