Nifty forms Inside Day near channel top,EOD Analysis

• FII's bought 12.3 K contract of Index Future worth 739 cores ,7.8 K Long contract were added by FII's and 4.5 K short contracts were liquidated by FII's. Net Open Interest increased  by 3.3 K contract, so rise in Nifty market was used by FII's to enter long and  exit shorts in  Index futures.Whats your trading style: Day Trading or Swing Trading
  

As discussed in Last Analysis   So range of 7780-7800 become very crucial for next 2 trading days, short term correction can be seen if we close below 7634 towards 7500-7550, Low made was 7670, Nifty continue to rise for 6 days in a row, also formed Inside day candle

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