Nifty Bulls still unable to close above 10090,EOD Analysis

• FII's sold 10.3 K contract of Index Future worth 772 cores ,3.2 K Long contract were liquidated by FII's and 7 K Short contracts were added by FII's. Net Open Interest increased  by 3.8 K 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 1.6.For the August Series FII have net added shorts 68K Contract.  The Most Valuable Trait You Can Ever Have

• As discussed in last analysis  Bulls need close above 10090 for a move towards 10180/10250/10400. Nifty made low of 9988 and high of 10075 so bulls were not able to break 10090 and bears again failed to close below the time cycle low of 10000, suggesting the bounce back which we have seen on Friday can be sold off if we do not close above 10090. High made today was again 10088 so Bulls still not able to close above gann level of 10090 and also

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