Nifty struggling near gann arc,Will it break ?
- FII's
sold 7.1 K contract of Index Future worth 378 cores ,3.8 K Long
contract were added by FII's and 10.9 K short contracts were added by
FII's. Net Open Interest increased by 14.7 K contract, so rise in
market was used by FII's to enter long and enter shorts in Index
futures. Trading Wisdom From Legend Bruce Kovner
As discussed in last analysis Closing above 7151 we will head towards 7238.
Nifty made high of 7257 and closed just below 7238. Any close above
7238 can see market moving towards 7325/7400. Range of 7270-7290 is very
crucial so this needs to be watched closely in next 2 days, Time
Analysis suggests big move is round the corner so be prepared for it.
Please do not ask me to tell direction as I do not want my
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