Nifty Analysis Before the Fed Policy Outcome
- FII's
sold 1.5 K contract of Index Future worth 79 cores ,0.4 K Long
contract were liquidated by FII's and 1.1 K short contracts were added
by FII's. Net Open Interest increased by 0.6 K contract, so fall in
market was used by FII's to exit long and enter shorts in Index
futures. How To get rid of Bad Trading Habits
As discussed in last analysis
Low made today was 8154 near the horizontal line as seen in below gann
chart as soon as 8185 crossed nifty bounced back and made high of 8226
and mostly 8250 will be done tomorrow. Now again closed above 8250 will
be bullish and extended target comes at 8330/8370. Low made today was 8165 again bears were unable to break 8154 and bulls were unable
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