Nifty Bulls unable to break gann resistance zone, EOD Analysis
- FII's
bought 2.7 K contract of Index Future worth 154 cores ,8.9 K Long
contract were added by FII's and 6.2 K short contracts were added by
FII's. Net Open Interest increased by 0.3 K contract, so rise in market
was used by FII's to enter long and enter shorts in Index futures. Want to be a Good trader Move out of your comfort zone
As discussed last Analysis 8710-8732
is crucial range for bulls as its gann resistance and 8601-8610 is
support on downside below which bears will start warming up again.
Between the range choppy move continue. High made today was 8737 so bulls were unable to breach the gann resistance zone, Its been 4 trading days in which bulls were
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