Nifty continue to trade below gann trendline,EOD Analysis

• FII's bought 5.2 K contract of Index Future worth 323 cores ,1.5 K Long contract were added by FII's and 3.6 K short contracts were liquidated by FII's. Net Open Interest decreased  by 2 K contract, so fall in market was used by FII's to enter  long and exit shorts  in  Index futures.THE PREGNANT DEER
  

 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 sessio

Continue Reading