Nifty again bounce from gann angle,EOD Analysis

Tuesday, March 28 Leave a Comment

  • FII's bought 4.7 K contract of Index Future worth 299 cores ,34.5 K Long contract were added by FII's and 29.8 K Short contracts were added by FII's. Net Open Interest increased  by 64.4 K contract, so rise in market was used by FII's to enter long and enter short in  Index futures. Successful traders have a lot to learn from sportsmen
As discussed in last analysis   Now again if we held on to 9030-9035 range we can again see move towards 9070-9115. Range expansion can be seen only on close above 9130 for a move towards 9216 and Bearish on close below 8992 for a move towards 8920. High made today was 9110 so we again did the move towards 9110 from 9030 suggesting gann angles are still in force. As per time

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