Nifty nearing supply zone of 8220-8250,EOD Analysis

• FII's bought 36.2 K contract of Index Future worth 2162 cores ,32.3 K Long contract were added by FII's and 3.8 K short contracts were liquidated by FII's. Net Open Interest increased  by 28.5 K contract, so rise in market was used by FII's to enter long and exit shorts  in  Index futures.The Wilma Rudolph Story
  

As discussed in last analysis Today close above 7972 is quiet significant as per gann analysis and we can see a move towards 8336 in coming few weeks, till we close above 7972.Time correction once come to end lead to such impulsive move, Nifty has move 335 points in just 2 trading session.Continue Reading