Nifty technical Setup before RBI meet

• FII's sold 28.7 K contract of Index Future worth 752 cores,18.1 K Long contract were squared off by FII's and 10.6 K short contracts  were added by FII's. Net Open Interest decreased  by 7.5  K contract. So You Want To Trade For A Living? 

 Nifty continued with its rally and is now near its 38.2 % retracement level as discussed in Nifty Weekly Analysis Also as per Gunner we are near the trend change point as seen in below chart. So next 2 days price action will suggests are we heading for higher levels or will see some pullback. Pyrapoint Analysis also suggests 135..

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