- FIIs
bought 14142Contracts of Index Future (NSE Nifty Futures and Bank Nifty
Futures combined),worth 407 cores with net Open Interest decreasing by
8148 contracts. FII continued with short covering today, but still no
sign of fresh longs.Accepting Loss in trading
Nifty
After rallying for three consecutive trading sessions, the Nifty took a
breather on Wednesday with a volatile moves.Nifty opened gap up unable
to hold on to its gains and closed off the day’s high, with formation
of DOJI candlestick pattern. Nifty Bulls unable to closed above 5700
shows lot of supply coming from higher range, but holding 200 DMA @ 5659
is..
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