Nifty again falls from 6066-6077 range, Technicals as per FII data

• FIIs bought 23640 Index Future worth 714 cores with net Open Interest increasing by 35590 contracts.FII's went long in Nifty Futures and Still maintaining shorts in Bank Nifty futures. Nifty is not doing much moves and we are seeing Stock Specific moves, Today we had minted good money in LT and Asian paint as discussed in morning analysis.

As discussed in Weekly analysis Nifty will find it difficult to move above the down trending trendline and today also made the high of 6064 and turned back. Any move above


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