Nifty near demand zone, FII FnO Data Analysis

• FII's sold 62 K contract of Index Future worth 1790 cores ,15 K Long contract were squared off by FII's and 46.8 K  short contracts  were added by FII's. Net Open Interest increased  by 31.7 K contract, so today's fall in market was used by FII's to exit long  and enter  shorts in Index futures  How to Prepare Successful Trading Plan Part-I

We have been discussing in previous analysis 7948-7961 is important zone of support below that we can see market moving to sub 7800 zone. Nifty continued with its fall and is tad below the swing low of 7767. Nifty is now entering the demand zone of 7763 holding the same

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