Nifty breaks the 8450 support zone, EOD Analysis

FII's sold 15.3 K contract of Index Future worth 968 cores ,7.3 K Long contract were liquidated by FII's and 8 K short contracts were added by FII's. Net Open Interest increased  by 705 contract, so fall in market was used by FII's to exit  long and enter shorts  in  Index futures.  Arrogance, in varied degrees, before the fall starts  As discussed last Analysis  now 8448-8444 level if

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