Nifty forms another DOJI near Gann Angle,EOD Analysis

Wednesday, March 15 Leave a Comment

  • FII's sold 3.2 K contract of Index Future worth 236 cores , 1.1 K Long contract were liquidated  by FII's and 2.1 K long contracts were added by FII's. Net Open Interest increased  by 988 contract, so rise in market was used by FII's to exit long and enter short in  Index futures. Chasing a Trade
As discussed in last analysis  Nifty made a new high today at 9122 and also closed above 9081 as we have been discussing in past few analysis till 8860 is not broken we can see march towards new highs Thats Beauty of gann its keep you ahead of the curve, Today high@9122  was at very crucial juncture as seen in below Gann chart, I would give 9122 as make or break of level, for next few days, as closing above it we can see move towards 9212/9362/9468 in next 1 months and unable to cross above it correction till 9000/8860. Nifty
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