Nifty bounces back furiously holding gann trendline,EOD Analysis

• FII's bought 11.7 K contract of Index Future worth 695 cores ,7.8 K Long contract were added by FII's and 3.9 K short contracts were liquidated by FII's. Net Open Interest increased  by 3.8 K contract, so rise in market was used by FII's to enter long and  exit shorts in  Index futures. How Emotions Hijack trading WHICH emotion is overpowering you the Most, To Understand the same I have put a Poll on Twitter (https://twitter.com/brahmesh), Please participate
  

As discussed in last analysis   if we do not close above 7777 tomorrow it will have bearish implication and Bullish only close above 7850,Expect big move in coming 2 days. Nifty opened up

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