Nifty near supply area, FII FnO Data Analysis

• FII's sold 1.9 K contract of Index Future worth 144 cores ,2.9 K Long contract were added by FII's and 4.9 K  short contracts  were added of by FII's. Net Open Interest increased  by 7.9 K contract, so today's rise in market was used by FII's to enter both long  and shorts in  Index futures  Secrets of Profitable Traders Part-1

Nifty opened with gap above and did not came down to fill gap, as today was monthly closing so NAV game started in last hour with nifty rising

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