Nifty Bulls Bears fight for 8850, EOD Analysis

Wednesday, March 1 Leave a Comment

  • FII's sold 1 K contract of Index Future worth 62 cores , 182 Long contract were liquidated by FII's and 862 short contracts were added by FII's. Net Open Interest increased  by 680 contract, so fall in market was used by FII's to exit long and enter short in  Index futures. How to Learn from Trading Loss
As discussed in last analysis  As seen in below gann angle chart 8860-8850 is important support for the current uptrend and we also have price and time square at 8850, As per time analysis big move is round the corner  8850 is bone of contention between bull and bears if bulls are able to hold 8850 another attempt will be made to capture 9k and march towards new life highs and if bears are able to break 8850 they can see quick

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