Nifty enters demand zone,FII FnO Data Analysis

• FII's sold56.9  K contract of Index Future worth 1247 cores ,38 K Long contract were squared off  by FII's and 18.8 K  short contracts  were added  by FII's. Net Open Interest decreased  by 19 K contract, so today's fall was used by FII's to enter shorts in index futures Thought process of Professional Traders

Nifty tried to recover in morning trader but made a high of 8400 and made a lower low at 8323. 8318-8300 range is very important demand zone as shown in below chart, holding the same and moving

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