Nifty does 1 SHARK Pattern target,EOD Analysis

• FII's sold 8.2 K contract of Index Future worth 437 cores ,6.9 K Long contract were liquidated by FII's and 1.2 K  short contracts were added by FII's. Net Open Interest decreased  by 5.6 K  contract, so today's rise in market was used by FII's to exit long and  enter shorts in  Index futures. Problems Created by Trading Loss
  

As discussed yesterday  Nifty forming  Bullish SHARK pattern its PRZ is near  7550, so price action near 7539/7550 needs to be watched to check the validity of this pattern,

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