Tuesday, February 9

Nifty unable to breaks gann arc ,EOD Analysis

FII
  • FII's bought 3 K contract of Index Future worth 212 cores ,1.5 K Long contract were liquidated by FII's and 1.5 K short contracts were added by FII's. Net Open Interest decreased  by 3 K contract, so fall in market was used by FII's to exit long and  enter  shorts in  Index futures. How To Improve Trading Success
As discussed in Last Analysis  We need to close above 7504 for next move till 7556. Any close above 7600 on Weekly basis will see change in trend for a bigger swing towards 7970. Support at lower level is 7420/7366, High made was 7512 and we saw correction in last 1 hour but made low of 7363,Nifty did nothing for the whole day big fall came in last 1 hour, early indication we got when nifty was


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