Nifty near gann support, FII FnO Data Analysis

• FII's sold 98.7 K contract of Index Future worth 2500 cores ,66.7 K Long contract were squared off by FII's and 31.9 K  short contracts  were added  by FII's. Net Open Interest decreased  by 34.8 K contract, so today's fall in market was used by FII's to exit long in index futures and enter shorts .Stock Market Crash around the World : Blame China

Nifty formed  lower low and lower high as it was unable to cross  crucial supply area and now is entering the support area as discussed in Weekly analysis. Pyrapoint suggests again we are entering the support zone , Gann Box show support near 3x1 line, breaking todays low can see nifty moving 4x1 line

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