Saturday, July 22

Nifty continue to hold gann support of 9830,EOD Analysis

  • FII's bought 2.1 K contract of Index Future worth 215 cores ,4.1 K Long contract were added by FII's and 1.9 K Short contracts were added by FII's. Net Open Interest increased  by 6.1 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 at 2 What goes around comes around

  • As discussed in last analysis Bulls and bears are stuck in the range 9930-9830, more we consolidate in range better will be breakout or breakdown, We have new time cycle starting from 23 Jul as we have holiday so effect can be seen either tomorrow or Monday. Long above 9930 for a move towards 9969/10020. Bearish below 9830 for a move towards 9787/9710. High made

Continue Reading

0 Comments:

Post a Comment

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

Subscribe to Post Comments [Atom]

<< Home