Nifty sees small correction unable to close above gann angle,EOD Analysis

Saturday, April 8 Leave a Comment

  • FII's sold 6.9 K contract of Index Future worth 508 cores ,2.2 K Long contract were liquidated by FII's and 4.6 K Short contracts were added by FII's. Net Open Interest increased  by 2.3 K contract, so fall in market was used by FII's to exit  long and enter short in  Index futures. Keep Mind Where You Are
As discussed in last analysis    High made today was 9268 again near the gann angles, and low made was 9218 so we made an INSIDE Bar candle today, Now plan remains the same buy above 9268 for a move towards 9312/9360/9410. Bearish below 9200 for a move towards 9130/9030. Nifty continue to trade below the gann angle as high made

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