Nifty consolidate near gann trendline,EOD Analysis

• FII's sold 3.8 K contract of Index Future worth 203 cores ,2.4 K Long contract were liquidated by FII's and 1.3 K short contracts were added by FII's. Net Open Interest decreased  by 1.1 K contract, so rise in market was used by FII's to exit long and enter  shorts  in  Index futures.Mental Toughness Required by Traders Part-III
  

 As discussed in Yesterday Analysis  Now Bulls need a close above 8300 for a next move towards 8392.  High made was 8288, and we had the smallest range of Nifty in past 6 months, Bank Nifty Weekly Options expiry is one of the reason for such small range.

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