Nifty again took support at gann arc, Will it hold ?
- FII's
bought 2.8 K contract of Index Future worth 139 cores ,7.7 K Long
contract were added by FII's and 4.9 K short contracts were added by
FII's. Net Open Interest increased by 12.7 K contract, so today's fall
in market was used by FII's to enter long and add shorts in Index
futures. Are you a "News" Based Trader or Price action Based ?
As discussed in last analysis Pyrapoint
suggests Nifty is stuck between 90 and 135 degree angle, break of same
should see fast move, Break of 7885 can see move towards 7935/7980 and
break below 7714 can see nifty breaking 7539. Nifty
was unable to break yesterday high and 90 degree angle bears use this
as opputunity to break on downside and nifty fall down to
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