Thursday, October 22

Nifty took support at gann line,ready for big move

FII
  • FII's bought 1.9 K contract of Index Future worth 149 cores ,481  Long contract were added by FII's and 1.4 K  short contracts  were liquidated by FII's. Net Open Interest decreased  by 1 K contract, so today's fall in market was used by FII's to enter long and  exit   shorts in  Index futures Stock market is the most wonderful place to make money
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
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