Nifty unable to close above gann trendline,EOD Analysis
- FII's
bought 10.7 K contract of Index Future worth 591 cores ,7.1 K Long
contract were added by FII's and 3.6 K short contracts were liquidated
by FII's. Net Open Interest increased by 3.4 K contract, so fall in
Nifty market was used by FII's to enter long and exit shorts in Index
futures.How to fight with Trading Emotions
As discussed in Last Analysis Bulls need close above 7554 for a move towards 7634. Bears below 7400 for move towards 7350/7228, Nifty
opened with gap up made high of 7585 and again unable to close above
both gann trendline and demand zone of 7554, but again was able to held
on
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