Nifty near trendline support, Will it hold tommrow ?

• FII's sold 7.9 K contract of Index Future worth 315 cores, 17.5 K Long contract were added and 25.4 K short contracts  were added by FII's. Net Open Interest increased  by 42.9  K contract , so FII added longs in Index futures also shorts were added almost  in 1:1.5 ratio.

This is what we discussed yesterday Bounce seen today was because of Rollover pressure, Nifty again got resisted near the Price Channel as shown in below chart also formed a double top in daily chart, which need confirmation in next 2 days with price not going above 8160 and breaking 8064.Break below 8064 can see a quick down move towards 8015. Gann Turn date today so be cautious in trading expect volatile moves today. Move was totally scripted as we..

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