1. FII sold 6365 Contracts of NF worth 168 cores OI also decreased by 12831 contracts.
2. As Nifty Futures was down by 38 points and OI has decreased by 12831 Contracts ,which basically means profit booking on shorts and also Long liquidation as they net sold 6365 Contracts.
3. Nifty closed above 20SMA@5300 which is good for bulls but unable to close above 50 SMA@5330.
4. I have been talking about the range of 5221-5370 NF based on Rollover data,Nifty highest close for this series comes at 5383 on Tuesday which was backed by low volumes and...
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