Nifty bounce from demand zone, FII FnO Data Analysis

• FII's sold 30.6 K contract of Index Future worth 563 cores ,34.5 K Long contract were squared off by FII's and 3.8  K  short contracts  were squared off by FII's. Net Open Interest decreased  by 38.4 K contract, so todays rise was used by FII's to exit majority longs and partial shorts in index futures. How to survive as a full time trader

We have been advocating the range of 7930-7950 being the demand zone for Nifty from 11 June Nifty made the following lows 7958,7940,7944 and 7946 also we have discussed in Weekly Analysis  from 14 June time cycle has changed to neutral to Bullish, market obliged with 2 green close from past 2 days.  Also Nifty has completed 2 crucial harmonic pattern ABCD and BAT pattern both are bullish if 7930 is held. Traders who bought should have been rewarded, As per

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