FII F&O data analysis for May Derivative Expiry

• FIIs bought 13299 Contracts of Index Future ,worth 416 cores with net Open Interest increasing by 40161 contracts, FII made fresh longs in market.Reason for Rupee Depreciation against dollar

Tomorrow we have Nifty May Series Expiry, Nifty made low of 5860 and High of 6229 total range of 369 points. May expiry has been volatile in a trading range, Nifty is unable to cross resistance of 6130-45 on Upside and Strong support is on downside in range of 6040-6050. Mostly expiry should happen in the range of...


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