Nifty forms inside day pattern,FII FnO Data Analysis for July Expiry

FII's sold 63.3 K contract of Index Future worth 1391 cores ,39.4 K Long contract were liquidated by FII's and 23.6 K  short contracts  were added by FII's. Net Open Interest decreased  by 15  K contract, so today's rise was used by FII's to enter  shorts and exit  longs in index futures.Why do smart traders do dumb things? Nifty formed inside day pattern today suggesting pause in

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