Nifty forms DOJI in Gann Resistance zone, EOD Analysis

Tuesday, October 4 Leave a Comment

  • FII's bought  5 K contract of Index Future worth 347 cores ,7.6 K Long contract were added by FII's and 2.6 K short contracts were added by FII's. Net Open Interest increased  by 10.3 K contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures. Why Traders Suffer from Need to be in Trade Syndrome
 As discussed last Analysis   Bulls need a close above 8760 for next round of upmove else this rally will get sold into, as seen in below gann change we are near supply zone. Above 8756 another move towards 8888/8968, Unable to close above it 8700/8650 on cards. Nifty close above 8756 which is positive sign holding 8756 nifty will approach the gann

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