Nifty Bounces after 606 correction,EOD Analysis

FII's bought 7.2 K contract of Index Future worth 391 cores ,2.2 K Long contract were added by FII's and 4.9 K short contracts were liquidated by FII's. Net Open Interest decreased  by 2.6 K contract, so rise in market was used by FII's to enter long and  exit shorts in  Index futures.Keep losses small in order to avoid huge losses As discussed in yesterday analysis Nifty has formed a

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