Nifty bounce from pyrapoint support,FII FnO Data Analysis

• FII's bought 35.1 K contract of Index Future worth 547 cores ,53.4 K Long contract were added by FII's and 18.2 K  short contracts  were added  by FII's. Net Open Interest increased  by 71.7 K contract, so todays fall was used by FII's to enter longs in index futures 95% of Retail Forex Traders Lose Money – Is This Fact, or Fiction?

Nifty saw a gap down opening made low exactly at Pyrapoint 90 degree line as we discussed in our weekly analysis and saw a sharp bounceback in last hour. Also as per gunner we took support at green arc and saw a decent bounceback. For tomorrow 45 degree line @8345 will act as resistance and gunner

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