Nifty reacts from gann resistance close below 7767,EOD Analysis

• FII's bought 6.6 K contract of Index Future worth 437 cores ,6.2 K Long contract were added by FII's and 0.03 K  short contracts were liquidated by FII's. Net Open Interest increased  by 5.8 K  contract, so today's fall in market was used by FII's to enter long and  exit shorts in  Index futures.Four Multi-Millionaire Traders Share Their Thoughts On Trading
  

As discussed   Bulls need to close above 7858 for next move towards 7979 else market can come down to retest 7767 where price action needs to be seen . Weekly Closing below 7767

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