Nifty does 9245 holding gann angle,EOD Analysis
- FII's sold 1230 contract of Index Future worth 99 cores ,2 K
Long contract were liquidated by FII's and 798 Short contracts were
liquidated by FII's. Net Open Interest decreased by 2.8 K contract, so
rise in market was used by FII's to exit long and exit short in Index
futures. Is THIS Holding You Back?
As discussed in last analysis As
per time analysis we have made a low till 9020 is not broken and we can
see upmove towards 9175/9216/9268 once we close above 9130 Bearish
below 9077 for a move back to 9020/8992 We have seen close above 9130
today above gann angles, suggesting we can see range expansion and we
are heading towards 9175/9216/9268. Bearish below 9070 for a move till
9020. Nifty continued to trade above 9130 and have given the highest
weekly monthly and quarterly closing. Now bulls should protect 9130 for
a move towards 9216/9268/9350. Bearish below 9100 for a move towards
9030/8969. High
made today was 9245 so we did 9216 and also moved towards our next
target of 9268. Todays high is near gann angle and we need to close
above it for a move towards 9312/9368
Continue Reading
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home