Nifty falls from supply zone, FII FnO Data Analysis
- FII's
sold 35.9 K contract of Index Future worth 697 cores ,80.4 K Long
contract were added by FII's and 116 K short contracts were added of
by FII's. Net Open Interest increased by 196 K contract, so today's
fall in market was used by FII's to enter both long and huge shorts in
Index futures, as Rollover have started happening. Important Message for Traders Holding Dec 2015 Options Contracts
As discussed in previous analysis Nifty
is stuck in 180/135 degree gann angles as shown below, Friday took
resistance at 135 and Today took support at 180 and bounced back,
breaking the same we can see a move towards 8074/8113 on upside and
7850/7760 on downside. Nifty today
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