Nifty Bulls gets rewarded for holding gann support zone, EOD Analysis

• FII's sold 3.5 K contract of Index Future worth 299 cores ,2.6 K Long contract were liquidated by FII's and 0.8 K short contracts were added by FII's. Net Open Interest increased  by 1.8 K contract, so rise in market was used by FII's to exit  long and enter shorts  in  Index futures. The Ten Tasks of Top Traders

 As discussed last Analysis   Holding 8760 we can see another upmove towards 8860/8928, Bears will get active only below 8700 for target of 8656/8600. High made today was 8893 so nifty traders were able to profit on gap today as nifty did not break 8760 and did the target of 8860 and almost near to next target of 8928. Now for next 2 days range of 8910-8928 is very crucial zone unable to close above it nifty can see another round of down move towards 8760/8700.

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