Nifty Bulls protect 8100,will they break 8250,EOD Analysis

Monday, January 2 Leave a Comment

  • FII's bought 6.9 K contract of Index Future worth 461 cores ,4.2 K Long contract were liquidated by FII's and 2.7 K short contracts were added by FII's. Net Open Interest decreased  by 1.5 K contract, so fall in market was used by FII's to exit long and enter shorts  in  Index futures. Traders New Year's Resolutions for 2017
As discussed in last analysis   Now for the coming year 8250-8270 should be watched closely by Bulls as its near the gann resistance zone as shown in below chart, above it  move towards 8370/8450/8598, Bearish below 8100 for a move towards 7997/7900. 04-05 Jan are high swing date accept big move in these period. High made 8212 real test
Continue Reading


Leave your response!