Thursday, January 21

Nifty complete extended ABCD pattern,EOD Analysis

FII
  • FII's sold 681 contract of Index Future worth 86 cores ,217 Long contract were liquidated  by FII's and 464 short contracts were added by FII's. Net Open Interest increased  by 247 contract, so fall in market was used by FII's to exit long and  enter  shorts in  Index futures. Do you have what it takes to be a trader?
Nifty has finally completed its ABCD pattern as it touched 138.2% retracement as we have been discussing in last analysis and bounced back almost 80 points from the low. Harmonic Pattern (We recently started Harmonic Course for traders wanting to learn more about it) gives you precise entry with minimum risk, 1


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