Nifty does 1 Target of ABCD pattern,EOD Analysis

• FII's bought 10.9 K contract of Index Future worth 556 cores ,1.2 K Long contract were liquidated by FII's and 12.2 K short contracts were liquidated by FII's. Net Open Interest decreased  by 13.5 K contract, so rise in market was used by FII's to exit  long and  exit shorts in  Index futures. The story of a Woodcutter
  

As discussed in Last Analysis Nifty now needs to close above 7336 for a quick move towards 7432 as shown in below chart. Low made today was

Continue Reading