Nifty forms Doji before Bihar election result,FII FnO Data Analysis

• FII's sold 10.2 K contract of Index Future worth 648 cores ,11.2 K Long contract were liquidated by FII's and 1 K  short contracts  were liquidated by FII's. Net Open Interest decreased  by 12.2 K contract, so today's fall  in market was used by FII's to exit both long and  shorts in  Index futures, We have discussed various scenarios which we can see after Bihar Election results are declared Bihar Election Result impact on Stock Market Case Study: How Emotion affect Trading

As we have been advocating the importance of 7930 level in our past analysis , Nifty today formed low of 7926.15 and bounced back. Before

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