Nifty bounces from gann arc,FII FnO Analysis

• FII's bought 34.1 K contract of Index Future worth 801 cores ,33.3 K Long contract were added by FII's and 779  short contracts  were squared off FII's. Net Open Interest increased  by 34.1 K contract, so today's rise in market was used by FII's to enter long  and exit  shorts in Bank Nifty Index futures  How trader reacts when market move against them ?

This is what we discussed yesterday   Close above 7563 is required for bulls to have some relief rally till 7700/7760, Bear market rallies will be fast and furious always keep this in mind while trading the next 3 days. Nifty formed

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