Nifty does Gunner Target,FII FnO Data Analysis

• FII's bought 14.1 K contract of Index Future worth 318 cores,39 K Long contract were added  by  FII's and 24.9 K  short contracts  were added by FII's. Net Open Interest increased  by 64 K contract.Conquer the Four Fears to be Profitable trader Part-I

 Nifty continued forming lower low and closed below  its 20/50/100 SMA, falling 502 points in 5 trading . Gunner Analysis reached its target as shown in below chart, 8352 will play an important role going forward, if broken we can move towards 200 DMA and if held can see 150/200 points bounceback in nifty. As discussed yesterday Pyrapoint support at 225

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