Nifty forms inside day, ready for impulsive move

• FII's sold 144 contract of Index Future worth 3 cores ,2.6 K Long contract were added by FII's and 2.8 K short contracts were added by FII's. Net Open Interest increased  by 5.5 K contract, so fall in market was used by FII's to enter long and enter shorts  in  Index futures. Tested Classic Stock Trading Rules-II

 As discussed in Yesterday Analysis   Now the zone of 8654-8677 is crucial supply zone, closing above 8677 level again can see fast move till 8849. High made today was 8687 but again market failed to close above 8677, Low made was 8611 where bears were also unable to break 8577, 

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