Nifty corrects from gann angle,EOD Analysis

• FII's bought 2.4 K contract of Index Future worth 241 cores ,8 K Long contract were added by FII's and 5.6 K  Short contracts were added by FII's. Net Open Interest decreased  by 1 K contract, so rise in market was used by FII's to exit long and enter short in  Index futures. FII's Long to Short Ratio at 1.04,For the August Series FII have net added shorts 133 K Contract till we do not close above 9910 all rallies will get sold into.Today's close just above 9911, market in dilemma  Overcoming Emotions As A Day Trader

• As discussed in last analysis    As new Time cycle is starting from Monday so till 9911 is not broken bears will have upper hand can push index towards 9770/9683/9610, bulls will get active above 9950 for a move towards 10025/10090/10150. Nifty closed at 9912 so fight is on for 9911 levels. Long should be done above 9950 for a move towards 10025/10090/10150. Bearish below 9880 for a move towards 9820/9770/9730. High made today was 9887 and as soon as 9880 broken bears did the target of 9820 and missed the 9783

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