Nifty forms morning star pattern,FII FnO Data Analysis

FII's bought 7  K contract of Index Future worth 195 cores,5.8 K Long contract were squared off  by  FII's and 12.8 K  short contracts  were squared off by FII's. Net Open Interest decreased  by 18.7 K contract so today's rise was used by FII's to square off both longs and shorts in Index Future .Trading using the McClellan Oscillator This is what we discussed yesterday Nifty has meet

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