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HinduBusinessLine

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F&O Tracker: Futures hold ground 

  • May Nifty futures were down 0.8% and June Nifty futures lost 0.9% last week but both are at a premium, indicating a positive trend.
  • May futures saw long unwinding and June futures showed short build-up, hinting at market sentiment.
  • The trend in Nifty futures remains bullish with support levels intact despite a temporary correction observed last week.
  • Traders are advised to roll over positions to June expiry, with targets set at 25,800 and 26,000 for Nifty futures and specific strategies outlined for trading.

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