Nifty forms Inside Day Pattern, FII Data Analysis

• FII's bought 8.5 K contract of Index Future worth 85 cores ,8.1 K Long contract were added by FII's and 0.4  K  short contracts  were squared off by FII's. Net Open Interest increased  by 7.6 K contract, so today's market was used by FII's to exit shorts in index futures and enter longs. Trading/Investing Mantras from Rakesh Jhunjhunwala billionaire Investor

Nifty formed INSIDE DAY pattern today as it was unable to break previous day high and low  , still unable to cross  crucial supply area

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