Nifty forms short term bottom, How to trade next move

• FII's bought 5.7 K contract of Index Future worth 125 cores,0.4 K Long contract were added by FII's and 5.2K  short contracts  were squared off  by FII's. Net Open Interest decreased  by 4.8 K contract.

Nifty after yesterday inside bar pattern, did a gap up open and did not fill the gap and closed at highest point of the day.  On Hourly charts nifty held on to its hourly trendline, closed above its 21 EMA and knocking the door on close above 34 EMA.  As per gann box close above 2X1 line@8800 will add bullishness.

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