Nifty forms multiple top, FII FnO Data Analysis

• FII's sold 22.3 K contract of Index Future worth 583 cores ,2.8 K Long contract were squared off  by FII's and 19.5 K  short contracts  were added by FII's. Net Open Interest increased  by 16.7 K contract, so today's fall was used by FII's to enter  shorts and exit longs in index futures . How $500 million got Wiped off in four seconds

Pyrapoint resistance of 8636 is acting as strong resistance as nifty was unable to cross and sustain over it. Weekly closing tomorrow so bulls would like to close nifty above 8650 and bears below 8550. Nifty has been consolidating in small range with multiple

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