Seasonality
NIFTY OI data studyObservation 21/11/2018
Future oi reduced by 2% (No new long added by FII and mostly profit booking)
Higher increase in oi in 700c and 600C and reduction in 10800C shows nifty should probably not cross 10800 in this series
Reduction 500P and 400P shows that chanced are there that we can go towards 10400 only if 600P oi reduced it is very much possible
Will update till Nov expiry same post
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Suggetion welcome