Nifty does 1 Target of ABCD pattern,EOD Analysis

FII's bought 10.9 K contract of Index Future worth 556 cores ,1.2 K Long contract were liquidated by FII's and 12.2 K short contracts were liquidated by FII's. Net Open Interest decreased  by 13.5 K contract, so rise in market was used by FII's to exit  long and  exit shorts in  Index futures. The story of a Woodcutter As discussed in Last Analysis Nifty now needs to close above 7336

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