Will Nifty Bulls give Weekly close above 8250,EOD Analysis

Thursday, December 8 Leave a Comment

  • FII's bought 22.4 K contract of Index Future worth 1440 cores ,19.1 K Long contract were added by FII's and 3.3 K short contracts were liquidated by FII's. Net Open Interest increased  by 15.7 K 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  Tomorrow will be very crucial as mostly we should see a trending move, Bulls above 8130 again will move towards 8200/8250, Bears below 8100 will see move towards 8056/8011. Nifty opened above 8130 made low of 8150 and did both target of 8200/8250 High made was 8256 :). Thats the beauty of gann price and time analysis it gives you an extra edge

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