Nifty bounce from gann trendline, demand zone,EOD Analysis
- FII's
bought 15.6 K contract of Index Future worth 883 cores ,15.1 K Long
contract were added by FII's and 0.5 K short contracts were covered by
FII's. Net Open Interest increased by 14.5 K contract, so fall in
market was used by FII's to enter long and enter shorts in Index
futures. Finding a 100 Percent Accurate Trading System
As discussed in Last Analysis
Now we are near 200 W SMA which we last touched on 25 Aug 2013 but we
never closed below it, If Nifty has to maintain bullish undertone it
need to close above 7100 tomorrow, else we are heading towards 6830-6860
zone where next levels of support lies. Nifty took support at 7860 made low of 7869 and jumped almost 150 points from the low, Also
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