Nifty break 7000, Will it close below 200 WSMA,EOD Analysis

• FII's bought 8.5 K contract of Index Future worth 415 cores ,10.4 K Long contract were added by FII's and 1.8 K short contracts were added by FII's. Net Open Interest increased  by 12.2 K contract, so fall in market was used by FII's to enter  long and  enter  shorts in  Index futures. Nifty Crashes 1000 Points in 2016 :Reason for sharp fall
  

As discussed in Last Analysis  Nifty closed below 7230 made low of 7177 before bouncing back, if tomorrow also we close below 7230 we are heading towards 7118/7120, which is demand zone and very important GANN Number, if 7120 is held we can see a sharp and shift move on upside. Bullish on close above 7230. Nifty opened gap down below 7230 corrected till 7120 and once unable to sustain below 7120 showed the big fall which went below 7000 trading at 22 week low

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