Nifty near gann arc,FII FnO Data Analysis
- FII's
bought 62.3 K contract of Index Future worth 1850 cores ,36.2 K Long
contract were added by FII's and 26 K short contracts were liquidated
by FII's. Net Open Interest increased by 10.1 K contract, so today's
rise in market was used by FII's to enter long and exit shorts in
Index futures How to develop yourself as Profitable trader
Nifty
took support at gann line but struggling to cross the green arc as
shown below and above that the horizontal line at 8313/8321 range which
is also point where harmonic ABCD pattern will get invalidated , The
current rally from the low of 7539 is the biggest rally in percentage
term as Nifty is up almost 9%
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