Nifty hits pyrapoint resistance,FII Data Analysis for 21 July

• FII's bought 10.5 K contract of Index Future worth 263 cores ,3  K Long contract were added  by FII's and 7.5 K  short contracts  were squared off  by FII's. Net Open Interest decreased  by 4.5 K contract, so today's consolidation and dip in morning session was used by FII's to enter longs in index futures Inspiring story of a handicapped lady trader who made 6 lakh in a single day

As discussed in previous analysis   Nifty closed above 1*2 gann line and today closed above supply demand, suggesting bulls are in control and heading towards 8645/8670 where pyrapoint resistance lies.  Nifty in morning made high at exact pyrapoint resistance and was trading in small range

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