Nifty bounces from gann arc,FII FnO Data Analysis

• FII's sold 10.9 K contract of Index Future worth 645 cores ,5.2 K Long contract were liquidated by FII's and 5.6 K  short contracts  were added by FII's. Net Open Interest increased  by 0.03 K contract, so today's rise  in market was used by FII's to exit long and add shorts in  Index futures  Maintaining Trading Discipline; Easier Said Than Done
  

As discussed in  Last analysis , Nifty has corrected 606 points in 14 trading session.Such big falls are also accustomed by fast and furious short covering rallies

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