Nifty Bulls unable to break gann resistance zone, EOD Analysis

Monday, October 24 Leave a Comment

  • 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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