Nifty forming triangle,FII FnO Data Analysis

• FII's bought 2.1 K contract of Index Future worth 18 cores ,2.6 K Long contract were squared off by FII's and 4.7 K  short contracts  were squared off by FII's. Net Open Interest decreased  by 7.3 K contract, so today's fall in market was used by FII's to exit long and exit shorts in index futures .Trading Is Harder Than You Think: Complexity Of Trading

Nifty has formed multiple tops near 8530/8525 in past 3 trading sessions and formed 2 Inside day candle in past 2 sessions, also forming a contracting triangle pattern suggesting big move is round the

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