Saturday, October 17

Nifty near Breakout,FII FnO Data Analysis

FII
  • FII's sold 52.7 K contract of Index Future worth 831 cores ,27.5 K Long contract were liquidated by FII's and 25.5 K  short contracts  were added by FII's. Net Open Interest decreased  by 2.2  K contract, so today's rise in market was used by FII's to exit long and  enter fresh shorts in  Index futures Motivational: Don't Lie to Yourself
As 8150 was broken  nifty moves towards  100 DMA
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