Nifty forms double bottom,FII FnO Data Analysis

• FII's sold 18.4 K contract of Index Future worth 1080 cores ,12.2 K Long contract were liquidated by FII's and 6.1 K  short contracts  were added by FII's. Net Open Interest decreased  by 6 K contract, so today's fall  in market was used by FII's to exit long and add shorts in  Index futures  Muhurat Trading session: Vows Traders should make to avoid loss
  

As discussed in  Weekly analysis , 7783 as per SHARK harmonic pattern should be probable target of downmove, 7767 was also the demand zone, 7771 was the low made on Monday and 7772 low was made on Tuesday and nifty bounced

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