Will Nifty close above 8577 today,EOD Analysis

• FII's bought 10.5 K contract of Index Future worth 673 cores ,10.3 K  Long contract were added by FII's and 273 short contracts were liquidated by FII's. Net Open Interest increased  by 10 K contract, so fall in market was used by FII's to enter long and exit shorts  in  Index futures. How to Trade Successfully with Small Trading  Account

 As discussed in Yesterday Analysis   Breakout only on close of 8372 for target of 8488/8548/8700.  Bears will get active only on close below 8210.  Nifty did 8527 today now the range of 8548-8577 is a crucial range, where bulls can book profit near gann horizontal line as shown in below chart. Nifty did an exact high of 8550,

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