Nifty bulls protect 7720,EOD Analysis

• FII's sold 6.6 K contract of Index Future worth 373 cores ,9.3 K Long contract were added by FII's and 15.9 K short contracts were added by FII's. Net Open Interest increased  by 25.2 K contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures.Ways to Improve Discipline in Trading
  

As discussed in last analysis Break of 7720 tomorrow can see nifty moving towards 7678 and break above 7777 again a move towards 7834. Nifty made low of 7716 just tad below 7720 and quickly recovered but still unable to close above 7777, expect impulsive move in next

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