Nifty forms DOJI in Gann Resistance zone, EOD Analysis
- 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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