Nifty bounces from Gann Angle,EOD Analysis

FII's bought 3.2 K contract of Index Future worth 206 cores ,2.1 K Long contract were added by FII's and1 K Short contracts were liquidated by FII's. Net Open Interest increased  by 1 K contract, so rise in market was used by FII's to enter  long and exit short in  Index futures. FII's Long to Short Ratio at 2.1 Can Retail traders make money in Stock market? As discussed in last analysis  We told below 9792 market will see change in trend low made today was 9792.05 and we saw a bounce back and close above 9820 which was gann angle support as shown in below chart, Now bulls needs to hold on to range of 9792-9787 which is time cycle low for a bounce back towards 9880/9930/9969/10000. Bearish below 9787 for a move towards 9710/9650. Low Continue Reading