Will Nifty Bulls be able to close above 8432,EOD Analysis

Thursday, January 12 Leave a Comment


  • FII's bought 16.8 K contract of Index Future worth 1051 cores ,18.9 K Long contract were added by FII's and 2 K short contracts were added by FII's. Net Open Interest increased  by 20.9 K contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures. Psychological Pitfalls in Trading
As discussed in last analysis   Nifty continue its uptrend now range of 8430-8435 is very important zone of resistance,crossing the same rally can extend towards 8600. Taking resistance in zone we can see downmove towards 8250. High made today was 8417 and low 8382 and close at 8407. As we have weekly closing tomorrow
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