Nifty heading towards 1*2 gann line, FII FnO Data Analysis

• FII's bought 5.2 K contract of Index Future worth 15 cores ,27.3 K Long contract were added  by FII's and 22 K  short contracts  were added  by FII's. Net Open Interest increased  by 49.4 K contract, so today's rise was used by FII's to enter shorts and longs in index futures What You Can Learn From Great Sportsmen to Improve Trading

As discussed in last analysis 8318-8300 range is very important demand zone as shown in below chart, holding the same and moving above 8400 can see bulls coming back else we will see a further fall towards 8223 odd area.Gunner also shows nifty made low near the red arc and holding the same can stage rally. Nifty made low of 8316 exactly near our demand zone of 8318 and staged a smart pullback rally on Friday and Monday, Now a

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