- FII's
sold 17.3 K contract of Index Futures worth 645 cores (7.8 K longs
were squared off and 9.5 K shorts were added in Index Future) with
net OI increasing by 1.7 K contracts.FII's added shorts today
aggressively .
As discussed in Weekly Analysis
Nifty as per Gann grid is having strong support at red line marked by
Green arrow and strong resistance in red line as shown with red arrow in
below chart. Nifty took exact support at 7239 green line and is moving
near the green line in range of 7430-7450. On Hourly charts Nifty is
near the downward trendline resistance, also as per EW there are 2
possibility as shown
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