Tuesday, June 7

Nifty rallies holding gann trendline,EOD Analysis

FII
  • FII's bought 4.1 K contract of Index Future worth 257  cores ,2 K Long contract were added by FII's and 2 K short contracts were liquidated by FII's. Net Open Interest decreased  by 23 contract, so rise in market was used by FII's to enter long and exit shorts  in  Index futures.Mental Toughness Required by Traders Part-II
 As discussed in Yesterday Analysis  Close above 8242 can lead to 8300/8336/8392. Below 8200 can  see downmove towards 8140/8080. Low made today was 8216 and High made was 8294, So as per gann analysis we held on to gann trendline and we saw

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