Nifty Technical Structure for October Expiry

• FII's sold 114 K contract of Index Future worth 1281 cores ,125 K Long contract were liquidated by FII's and 10.2 K  short contracts  were liquidated by FII's. Net Open Interest decreased  by 135 K contract, so today's fall in market was used by FII's to exit  long and  exit majority shorts in  Index futures How to Build Confidence as a Trader

As discussed yesterday Nifty high at 8336 was exactly at gann angle drawn from the high of 9119, we have got sell off in past 2 occasion once nifty touched this angle as shown in below gann chart. Today close was near support zone break below it can see nifty going towards 8128/8150 range. Gann Analysis worked again as Nifty continues its correction, today was 3 days of correction, as

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