Nifty continues to trade below 7777,EOD Analysis

• FII's bought 6 K contract of Index Future worth 325 cores ,9.6 K Long contract were added by FII's and 3.6 K short contracts were added by FII's. Net Open Interest increased  by 13.3 K contract, so fall in market was used by FII's to enter long and enter shorts  in  Index futures.How trading brain Works ?
  

As discussed in last analysis Close below 7777  can see nifty going till 7678/7546 in coming session,  If we move above 7777, again we can move above 7834.  Nifty opened with gap up made high of 7820 and started drifting down, Bears became active once 7777

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