Nifty closed above Hourly trendline resistance, Whats next

• FII's sold 24.6 K contract of Index Future worth 503 cores, 24.7 K Long contract were squared off FII's and 170  short contracts  were squared off by FII's. Net Open Interest decreased  by 24.1 K contract ,so FII's squared off long  and shorts in Index Futures in volatile session of trade.

Nifty rose for 7 day in row , it was a roller coaster ride for market today but was able to close above the hourly trendline resistance as shown in hourly charts. Trend is up with higher highs formation intact. Gann Box is also approaching the yellow line and close above it will make sure we reach new all time high. As per Quant analysis We had..

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