Will Nifty bulls able to give Weekly close above 9150,EOD Analysis

Thursday, April 20 Leave a Comment

  • FII's sold 3.3 K contract of Index Future worth 239 cores ,517  Long contract were liquidated  by FII's and 2.8 K Short contracts were added by FII's. Net Open Interest increased  by 2.2 K contract, so rise in market was used by FII's to exit  long and enter short in  Index futures. TIMELESS STOCK TRADING RULES of WD Gann
As discussed in last analysis Nifty continue to trade below 9150 and made low of 9075 before closing at 9105. Till we are below 9120 bears have upper hand can push nifty towards 9020/8970/8920. Bullish above 9150 for a move towards 9221/9268. High made today was 9143 so still we are below 9150 and bears also unable to close below

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