Nifty breaks above ichimoku cloud, FII FnO Data Analysis
- FII's
bought 20.2 K contract of Index Future worth 397 cores ,23.1 K Long
contract were added by FII's and 2.8 K short contracts were added by
FII's. Net Open Interest increased by 25.9 K contract, so today's rise
was used by FII's to enter longs in index futures Overcoming Emotions As A Day Trader
As discussed yesterday Nifty
is entering the new quadrant as per gunner so there is high probability
of 8423 breaking and heading towards 8470 which is near 1*2 gann line.
Higher High Higher low formation are forming uptrend continues. Strong
support at 8300 zone below than 8250. Nifty made high of 8481
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