Can Nifty give Breakout after range contraction?

• FIIs bought 11527 Index Future worth 339 cores with net Open Interest increasing by 13691 contracts.FII again initiated longs in Nifty and Bank Nifty futures.All you want to know about LIX 15 Index launched by NSE

Nifty opened with gap up continued with its rally, got resistance at supply zone of 5867,What we are witnessing now is range development, sideways move by market after big downside and swift rally...


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