Nifty Continue to trade in range of 9830-9930,EOD Analysis

• FII's sold 7.2 K contract of Index Future worth 539 cores ,3.5 K Long contract were liquidated by FII's and 3.7 K Short contracts were added by FII's. Net Open Interest increased  by 206 contract, so fall in market was used by FII's to exit long and enter short in  Index futures. FII's Long to Short Ratio at 2 Why do 90% of traders lose money?

• As discussed in last analysis  Low made today was 9851 and high made was 9905 so nifty did 9880 target today, Again gann analysis kept us above the curve, Nifty held on the gann angle and showed 70 points bounce, till we are holding gann angle low of 9830-9851 we should move up and made new life high at 9930. Above 9930 target are 9969/10000. Bearish below 9787 for a move towards 9710/9650 High made was 9922 bulls were still not able to cross 9930

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