Nifty Bulls continue to Hold Gann Angle,EOD Analysis
- FII's sold 1.4 K contract of Index Future worth 106 cores ,4.4 K
Long contract were added by FII's and 5.9 K Short contracts were added
by FII's. Net Open Interest increased by 10.3 K contract, so rise in
market was used by FII's to enter long and enter short in Index
futures. FII's Long to Short Ratio fall sharply to 5.4 How Jesse Livermore Described Trading emotions
As discussed in last analysis Nifty
saw small correction today and closed just near the gann angle also
also near the lower end of range at 9640, bulls need to hold the gann
angle for upmove to continue towards 9750/9790. Bearish below 9610 for a
move towards 9530/9480. Low
made today was again 9530 near the gann angle, and again we saw bulls
coming back, and closing above 9663 forming long legged doji. Till Bulls
close above gann
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