Nifty technical structure before crucial Fed Meet Outcome

• FII's sold 5.4 K contract of Index Future worth 217 cores ,5.7 K Long contract were squared off by FII's and 0.2  K  short contracts  were squared off by FII's. Net Open Interest decreased  by 0.6 K contract, so todays rise was used by FII's to exit majority longs and partial shorts in index futures. Trading Rules of Professional Trader

Nifty continued with formation of Higher High and Higher low but got sold of from the trendline resistance as shown in below chart, 8136-8140 as shown in below chart, Support has risen to

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