FII F&O Data analysis for 4 Oct trade in Nifty Future

Nifty is under consolidation with positive bias  from past 2 trading sessions,this consolidation should not be taken as the sign of weakness as Nifty is closing successfully above 5700 with fresh 52 week high. So please do not short the market as its not moving higher wait for the signal to emerge. Its better to wait on sidelines and watch the show till you get a clear signal.

1. FII bought 33707  Contracts of Index Future,worth 970 cores  with net OI increasing by 28587 contracts.
2. As Nifty Future was up by 14 points and  Open Interest in..

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