Nifty and Bank Nifty forms BAT Pattern, short term bottom in place ?

FII's sold 15 K contract of Index Future worth 411 cores ,129 K Long contract were added  by FII's and 144 K  short contracts  were added  by FII's. Net Open Interest increased  by 273 K contract, so today's fall in market was used by FII's to enter long and enter  shorts in index futures,As its expiry week so rollovers happening that's why such big buy figures are seen on day when Nifty

Posted in: Technical Analysis