Nifty 16 May 2024 Weekly Expiry Analysis – Bramesh’s Technical Analysis
Foreign Institutional Investors (FIIs) displayed a bearish approach in the Nifty Index Futures market by shorting 21150 contracts worth ₹1179 crores, resulting in a decrease of 2376 contracts in the net open interest. FIIs covered 15294 long contracts and added 16814 short contracts, indicating a preference for exiting long positions and adding short positions. With…