Nifty corrects 150 points from 7850,EOD Analysis

FII's sold 21.9 K contract of Index Future worth 1277 cores ,19.7 K Long contract were liquidated by FII's and 2.2 K short contracts were added by FII's. Net Open Interest decreased  by 17.5 K contract, so fall in market was used by FII's to exit long and  enter  shorts in  Index futures. Stop Gambling Start Trading As discussed in last analysis   If we close above 7850 on weekly basis

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