Due to 4 days of consecutive fall in Nifty, market has come to its 2 week lower level of 10953. The Index opened today at 11058 and continued its fall. The next weekly support of the market is at 10563. However, the Open Interest data has not shown the weakness yet. FII has a net position of (-) 29491 contracts and PRO of (-) 35766 contracts in Index Options and in combined they have a net position of (-) 65257 contracts. Read more
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