Saturday, July 29

Nifty continue its pullback from Gann Angle,EOD Analysis


  • FII's sold 23.1 K contract of Index Future worth 1744 cores ,4.4 K Long contract were added by FII's and 27.6 K Short contracts were added by FII's. Net Open Interest decreased  by 22 K contract, so fall in market was used by FII's to enter long and enter short in  Index futures. FII's Long to Short Ratio at 2.8 Someone to Watch Over Me

  • As discussed in last analysis  High made today was 10114 so nifty did another target of 10097, also today's high was near gann angle suggesting we might see pause in current uptrend, but safe shorts will be below 10000 for a move towards 9930/9860/9810. Fresh long above 10090 for a move towards 10250-10410 for August Series. Nifty broke 10000 made low of 9944 but failed to do target of 9930

Continue Reading

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home