Nifty nearing PRZ of ABCD pattern,EOD Analysis

• FII's bought 9.1 K contract of Index Future worth 555 cores ,11.4 K Long contract were added by FII's and 2.2 K short contracts were added by FII's. Net Open Interest increased  by 13.7 K contract, so rise in market was used by FII's to enter long and enter  shorts  in  Index futures.When Trading, You Are Your Own Worst Enemy What is the main Reason for Your Trading Loss, We are running POLL on Twitter Please participate
  

As discussed in last analysis Nifty continued with its impulsive move, another century, Now longs needs to be cautious in range of 8220-8251 where we have supply zone before marching towards 8336.Bearish only on close below 7972. Zone of 8210-8241 is crucial as its a supply zone and also

Continue Reading