Nifty heading towards new 52 week high,EOD Analysis

FII's bought 7.7 K contract of Index Future worth 480cores ,10.9 K Long contract were added by FII's and 3.2 K short contracts were liquidated by FII's. Net Open Interest increased  by 3.9 K contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures. THE SHARK BAIT STORY  As discussed in Yesterday Analysis  Again technical worked and gap up above

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