Nifty forms Morning Star pattern, FII FnO Data Analysis

• FII's bought 2.5 K contract of Index Future worth 32 cores ,17.8  K Long contract were liquidated  by FII's and 20.3  K  short contracts  were squared off by FII's. Net Open Interest decreased  by 38K contract, so todays rise was backed by short covering, no fresh long addition was seen by FII's. Types of Confidence in Trading  Why Adani Enterprises Shares Crashed ?

This is what we discussed yesterday  Nifty has been holding the gann 1x1 line also we are at crossover of grey and red line which generally give fast moves, so if 7997 is broken we can see a fast downmove till 7910 odd levels holding the same relief rally till 8200 can be seen in next few days. Time Ananlysis suggests big move is round the corner. Gann Time Analysis with Gunner helped us


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