Nifty EOD Analysis before Dec RBI Policy

• FII's bought 3.6 K contract of Index Future worth 215 cores ,2.2 K Long contract were added by FII's and 1.4 K short contracts were liquidated by FII's. Net Open Interest increased  by 0.07K contract, so rise in market was used by FII's to enter long and exit shorts  in  Index futures. Why Traders are unable to Follow Your Trading Plan

As discussed in last analysis  Now Holding above 8130 bulls will made a move towards 8200/8250. Big Bullish momentum will come above 8250 for a move towards 8370/8444. Bears will become active below 8031 for a move towards 7972/7916. Low made today was 8130

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