Nifty Bulls fail to close above gann angle,EOD Analysis

• FII's sold 8.4 K contract of Index Future worth 535 cores ,3.3 K Long contract were liquidated by FII's and 4.9 K short contracts were added by FII's. Net Open Interest increased  by 1.6 K contract, so rise in market was used by FII's to exit  long and enter shorts  in  Index futures.  Muhurat Trading: Vows Traders should make to avoid loss in coming Year

 As discussed last Analysis  Now bulls will become active only above 8656 for a move till 8752/8800 High made today was 8669, near the gann trendline Bulls need close above 8656 and gann angle as shown in below chart for a move till 8700/8750,

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