Nifty close below 7230 to invalidate harmonic patterns,EOD Analysis

• FII's sold 9 K contract of Index Future worth 417 cores ,65 Long contract were added by FII's and 9 K short contracts were added by FII's. Net Open Interest increased  by 9.1 K contract, so fall in market was used by FII's to enter small qty long and  enter good amount of shorts in  Index futures. Bad Trading Habits and How to Avoid Them
  

As discussed in Last Analysis Nifty closed below 7300 and made low of 7275 to full fill BAT pattern condition now if we do not break 7230 we might rally to form the final leg of BAT pattern, any close below 7230 invalidates the pattern. Also a small ABCD pattern can be seen which gets completed in range of 7257-7230 so again 7230 needs to be watched for next 2 days to see if patterns are failed or

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