Nifty near demand zone,FII FnO Data Analysis

• FII's sold 4.7 K contract of Index Future worth 624 cores ,29.1 K Long contract were liquidated by FII's and 24.4 K  short contracts  were liquidated by FII's. Net Open Interest decreased  by 53.6 K contract, so today's fall in market was used by FII's to exit  long and  exit majority shorts in  Index futures Do you want to be The "Perfectionist" in trading ?

Nifty traded in lowest range in past many years, range was just 30 points as we have Lot sizes increase coming from November expiry so traders are using the low volatile and range bound move to liquidate positions. Nifty high at 8336 was exactly at gann angle drawn from the high

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