Thursday, June 9

Nifty breaks gann trendline, EOD Analysis

FII
  • FII's bought11.3 K contract of Index Future worth 697 cores ,8.7 K Long contract were added by FII's and 2.5 K short contracts were liquidated by FII's. Net Open Interest increased  by 6.1 K contract, so fall in market was used by FII's to enter  long and exit shorts  in  Index futures.Billionaire Traders and Hedge Fund Manager
 As discussed in Yesterday Analysis  Now Bulls need a close above 8300 for a next move towards 8392.Nifty should show big move in next 2 days as its been almost 3-4 session it has been consolidating near the gann trendline, so we can see breakout or breakdown in next 2-3 session. High made

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