Nifty bounces from gann support, FII FnO Data Analysis

• FII's bought 8.7 K contract of Index Future worth 435 cores ,4.7 K Long contract were squared off by FII's and 13.4 K  short contracts  were squared off by FII's. Net Open Interest decreased  by 18.2 K contract, so today's rise in market was used by FII's to exit long and shorts in index futures .Happy Independence Day 2015

Nifty bounced from the  support area as discussed in Weekly analysis.  Nifty again bounced  from the weekly trendline, so high chances we can break 8654 next week. Once 4x1 line

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