Nifty Bears finally struck with advent of new time cycle

• FII's sold 5.5 K contract of Index Future worth 417 cores ,2.7 K Long contract were added by FII's and 8.3 K Short contracts were added by FII's. Net Open Interest increased  by 11 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 1.5,For the August Series FII have net added shorts 76.9 K Contract.  How to deal with Stress during trading

• As discussed in last analysis  High made today was again 10088 so Bulls still not able to close above gann level of 10090 and also gann angle resistance as shown in below chart and bears were unable to close below 10000.Bulls need close above 10090 for a move towards 10180/10250/10400. Bears below 9988 for a move towards 9880/9700.  As new time is starting from tomorrow expect a big move in next 2-3 days. High made today was 10084 so bulls again unable to close above 10090 and with the advent of new

Continue Reading