Nifty continue to trade below gann arc, EOD Analysis

Wednesday, February 8 Leave a Comment

  • FII's bought 8.4 K contract of Index Future worth 603 cores ,6.5 K Long contract were added by FII's and 1.9 K short contracts were liquidated by FII's. Net Open Interest increased  by 4.6 K contract, so rise in market was used by FII's to enter long and exit short in  Index futures.Winning Trader's Mindset
As discussed in last analysis    As we have RBI Policy tomorrow traders should watch 8681 if any sharp move on downside is seen, till 8681 is held current rally has more legs,Fresh long only above 8840. Bearish below 8752 for a move towards 8681/8650.  Low made was

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