Nifty does breakout on Hourly chart, Will it Sustain ?
- FII's
sold 28.8 K contract of Index Future worth 619 cores, 2.4 K Long
contract were added by FII's and 30.8 K short contracts were added by
FII's. Net Open Interest increased by 7.3 K contract ,so FII's added
partial long in Index Futures and added shorts in index futures.
As discussed yesterday Nifty
is at a crucial juncture trading between 21/34 HEMA, crossing the same
we can see move towards 8682/8713 odd levels. Gann Box is also
suggesting supply zone in range of 8682-8713. Holding 8590 bulls will
have upperhand, below it bears will have upperhand and take sharp
downmove till 8500/8455 odd levels. Low made was 8599 and..
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