Nifty unable to close above supply zone,FII FnO Data Analysis

• FII's bought 47.3 K contract of Index Future worth 963 cores ,33.1 K Long contract were added by FII's and 14.1 K  short contracts  were liquidated of by FII's. Net Open Interest increased  by 19  K contract, so today's fall in market was used by FII's to enter  long   shorts in  Index futures  Secrets of Profitable Traders Part-II

Nifty opened with gap above 7958 but the rise was not sustainable and  came down to fill gap, still unable to close above the demand zone of 7958

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