Nifty close above 8210 but below 8242,EOD Analysis

FII's bought 4.8 K contract of Index Future worth 319 cores ,1.8 K Long contract were added by FII's and 3 K short contracts were liquidated by FII's. Net Open Interest decreased  by 1.1  K contract, so fall in market was used by FII's to enter long and exit shorts  in  Index futures.What goes around comes around  As discussed in Yesterday Analysis  Bulls needs a close above 8210-8241

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