Will Nifty Bulls break Gann Resistance of 10090 ?

• FII's sold 5.6 K contract of Index Future worth 425 cores ,2 K Long contract were added by FII's and 7.6 K Short contracts were added by FII's. Net Open Interest increased  by 9.6 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 2.5, FII's have been adding consistent shorts before the RBI policy Someone to Watch Over Me

• As discussed in last analysis   Fresh long above 10090 for a move towards 10250-10410 for August Series. Nifty broke 10000 made low of 9944 but failed to do target of 9930 and closed above 10000, Now fresh long should be taken above 10090 for a move towards 10250-10410 .Shorts below 9930 for a move towards 9860/9810/9750. In Between it will be trading range of 9930-10090 till RBI Policy on 02 August. High made today was 10086 and low made was 10016 so nifty continue to trade in our range of 9930-10090 before RBI Policy,

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