Saturday, April 16

Will Nifty break 7950/7972 resistance zone, EOD Analysis

FII
  • FII's bought 29.3 K contract of Index Future worth 1679 cores ,32.5 Long contract were added by FII's and 3.2 K short contracts were added by FII's. Net Open Interest increased  by 35.8 K contract, so rise in Nifty market was used by FII's to enter  long and  enter small shorts in  Index futures.RICH DENNIS: A GUNSLINGER NO MORE
As discussed in last analysis  As we have last trading day of the week tomorrow close above 7740 which is an important gann number will be bullish in short term and can make sure we break the important resistance zone of 7840-7850 next week, Nifty closed


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