Will Nifty break 7551,FII FnO Analysis

FII's sold 27 K contract of Index Future worth 1565  cores ,8.6 K Long contract were liquidated by FII's and 18.4 K short contracts were added by FII's. Net Open Interest increased  by 9.7 K contract, so fall in market was used by FII's to exit long and  enter shorts in  Index futures.Before Taking Trades Check your state of mind As discussed in Last Analysis   Now as per Harmonic

Posted in: Technical Analysis