Nifty breaks 20/100/200 DMA, FII FnO Data Analysis

• FII's sold 65 K contract of Index Future worth 1413 cores ,31.9 K Long contract were squared off  by FII's and 33 K  short contracts  were added by FII's. Net Open Interest increased  by 1 K contract, so today's fall was used by FII's to enter  shorts and exit longs in index futures . Why Dalal Street jitter on participatory notes?

Nifty broke the Pyrapoint support of 8500 in morning and started declining with every rise being sold. Nifty has formed three black crow candlestick pattern which is having bearish implication as in single session market broke its 20/100/200 DMA and trading precariously near its 50 DMA. 9 days of rise got sold

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