Nifty forms Gravestone Doji,FII FnO Data Analysis

• FII's sold 6.7 K contract of Index Future worth 470 cores ,63.1 K Long contract were added by FII's and 69.8 K  short contracts  were added of by FII's. Net Open Interest increased  by 133 K contract, so today's rise in market was used by FII's to enter both long  and shorts in  Index futures, as Rollover have started happening.  How To Teach Your Brain To Trade

As discussed in previous analysis Nifty closed above its gann trendline resistance as shown below gunner chart,will be see follow up move till  7948/8050 on Upside, In case of failed breakout we can see downmove till 7700/7650. Nifty made high of 8055

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