Nifty forms Doji before Bihar election result,FII FnO Data Analysis

FII's sold 10.2 K contract of Index Future worth 648 cores ,11.2 K Long contract were liquidated by FII's and 1 K  short contracts  were liquidated by FII's. Net Open Interest decreased  by 12.2 K contract, so today's fall  in market was used by FII's to exit both long and  shorts in  Index futures, We have discussed various scenarios which we can see after Bihar Election results are

Posted in: Technical Analysis