Nifty held on to Gann resistance line,FII FnO Data Analysis

FII's sold 11.4 K contract of Index Future worth 33 cores ,13.7 K Long contract were squared off by FII's and 2.2 K  short contracts  were squared off by FII's. Net Open Interest decreased  by 16 K contract, so today's rise in market was used by FII's to exit long  and shorts in  Index futures  Motivational Story of the Uncashed Cheque Nifty is near gann trendline resistance as shown

Posted in: Technical Analysis