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Saturday, May 06, 2023

NIFTY Review - 08th May, 2023

 Dear All,

> NIFTY WEEKLY CHART <


Data Suggest that FII have added Huge PUT Options in Index and Shorts in Stock Futures are highly alarming. 

FII's are Shorting Stock Futures & Buying Index Puts unlike earlier they shorted Index Futures.

Last Friday Support 18080 broken which may act as a Resistance. Next Support at 17970 / 17840 & 17800. 


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