Nifty closes below 7850, EOD Analysis

FII's sold 23.6 K contract of Index Future worth 1340 cores ,16.1 K Long contract were liquidated by FII's and 7.5  K short contracts were added by FII's. Net Open Interest decreased  by 8.5 K contract, so fall in market was used by FII's to exit long and  enter  shorts in  Index futures. Qualities professional trade needs to develop As discussed in last analysis   If we close above

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