Thursday, August 13

Nifty Gann Box Trading Analysis

FII
  • FII's sold 9.9 K contract of Index Future worth 235 cores ,6.8 K Long contract were squared off by FII's and 3 K  short contracts  were added  by FII's. Net Open Interest decreased  by 3.7 K contract, so today's fall in market was used by FII's to exit long in index futures and enter shorts .Are you Losing Money as Trader ?
Nifty continue  forming  lower low and lower high and now is entering the support area as discussed in Weekly analysis. As per Gann Box Nifty traded perfectly between 2x1 and 3x1 angle and traders trading on gann box would have captured both tops and bottom of market today.Weekly closing tomorrow


Continue Reading

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home