Nifty forms Inside Bar near gann angle,EOD Analysis

Thursday, April 6 Leave a Comment

  • FII's sold 13.2 K contract of Index Future worth 927 cores ,9.2 K Long contract were added by FII's and 4 K Short contracts were liquidated by FII's. Net Open Interest decreased  by 5.2 K contract, so fall in market was used by FII's to exit  long and enter short in  Index futures. Mastering the Mental Game
As discussed in last analysis    Now bulls need to close above 9268 above the gann angle as shown in below chart  for next move towards 9312/9360/9410. Bearish below 9160 for a move towards 9130 and 9050. As per time analysis 13-14 April are major trend change dates so we can continue uptrend till we hold on to 9200. High made today

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