Nifty keeps bulls and bears in dilemma ,EOD Analysis

• FII's bought 0.9 K contract of Index Future worth 46 cores ,3.5 K  Long contract were added by FII's and 2.6 K short contracts were added by FII's. Net Open Interest increased  by 6.1 K contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures. When not to Trade

 As discussed in Yesterday Analysis   Bulls should protect 8490 else we can see a quick correction till 8410-8400. Bullish on close above 8577 for target of 8650, High made was 8569 so bulls unable to break 8577 gann numbers  on closing basis but  bears  also unable to close below 8490

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