Nifty continue to hold Gann Support zone,EOD Analysis
- FII's sold 1.6 K contract of Index Future worth 89 cores ,0.4 K
Long contract were added by FII's and 2.1 K short contracts were added
by FII's. Net Open Interest increased by 2.6 K contract, so fall in
market was used by FII's to enter long and enter shorts in Index
futures. The Casino Mentality In Trading
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.
Low made today was 8759 so nifty continue to hold 8750 and made high
of 8816 now need to head towards 8860/8928 holding 8760. Bears will be
active only below 8700, As seen in below trading trading above 8830 can
see move till 8928/8968 in near term.break of 8700 will push nifty
towards 8600/8577. As per below chart expect impulsive move in next 2
trading session. Bank Nifty continue to trade in range,EOD Analysis
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