FII FnO Data Analysis before RBI policy

• FII's sold 827 contract of Index Future worth 8.6 cores ,3.9 K Long contract were added by FII's and 4.7 K  short contracts  were added of by FII's. Net Open Interest increased  by 8.6 K contract, so today's fall in market was used by FII's to enter both long  and shorts in  Index futures  Why RBI cannot cut Rate Aggressively

Nifty again reacted from gann line as discussed in last analysis Nifty made high of 7894 near gann line and showed the big fall in end session, Again 7767 demand area

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