RBI disappointed the market with NO rate cut but giving a Hint of possible rate easing in Next Meeting Nifty used it as an excuse to break the trading range of 5635-5725. As per our analysis Trend was Sell on Rise so traders must have profited out from today's fall.
1. FII sold 23029 Contracts of Index Future,worth 535 cores with net OI decreasing by 14373 contracts.
2. As Nifty Future was down 74 points ..
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