Nifty near channel resistance,EOD Analysis
- FII's
bought 2.8 K contract of Index Future worth 200 cores ,4.9 K Long
contract were added by FII's and 2.1 K short contracts were added by
FII's. Net Open Interest increased by 7 K contract, so rise in Nifty
market was used by FII's to enter long and enter shorts in Index
futures.Are You Emotional Trader ?
As discussed in Last Analysis
So we have a close above 7634 suggesting market heading towards
7800/7859 odd levels till we close above 7634. Support are now at
7550-7500. Nifty again made low of 7643 which is near the zone of
7634 and made high of 7728, Now we have Weekly closing tomorrow and we
are also near the channel resistance and gann horizontal line as shown
in
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