Nifty continue to hold gann trendline,EOD Analysis

• FII's sold 17.4 K contract of Index Future worth 989 cores ,11.1 K Long contract were liquidated by FII's and 6.2 K short contracts were added by FII's. Net Open Interest decreased  by 4.8 K contract, so fall in market was used by FII's to exit long and  enter  shorts in  Index futures. The Rameswaram BOY who became president
  

As discussed in last analysis  Nifty made low of 7697 does the target of 7700 near gann support line as shown in below chart, If we hold this line we can see bounce back till 7800/7850 range. High made today was 7738 and low near gann trendline as shown below

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