Nifty cracks from gann arc, FII FnO Data Analysis

• FII's bought 19.1 K contract of Index Future worth 613 cores ,18.7 K Long contract were added by FII's and 338  short contracts  were squared off by FII's. Net Open Interest increased  by 18.4 K contract, so today's market was used by FII's to exit shorts in index futures and enter longs. Overcoming Emotions As Trader

Nifty formed higher high but broke yesterday low also suggesting formation of lower low still unable to cross  crucial supply area as discussed in Weekly analysis.Gann Box with hourly charts are also shown with support and resistance so got resisted at 8x1 line and saw a quick fall till 3x1line, breaking today low of 8497

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