Saturday, September 24

Nifty forms Bearish ABCD pattern,EOD Analysis

  • FII's bought 5.2 K contract of Index Future worth 385 cores ,4.8 K Long contract were added by FII's and 0.4 K short contracts were liquidated by FII's. Net Open Interest increased  by 4.3 K contract, so fall in market was used by FII's to enter long and exit  shorts  in  Index futures. With self-confidence & Perseverance, Never Give Up
 As discussed last Analysis   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. There are 2 cycle working currently for nifty one from 8968 which was price and time square and another one was from 8750 , both are price and time square, market has


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