Nifty does 2 SHARK Pattern target,EOD Analysis

• FII's bought 1.8 K contract of Index Future worth 91 cores ,4.1 K Long contract were liquidated by FII's and 6 K  short contracts were liquidated by FII's. Net Open Interest decreased  by 10.2 K  contract, so today's rise in market was used by FII's to exit long and  exit shorts in  Index futures. How to Handle 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, Nifty made low of 7551 and rallied almost 200 point from the low, and achieved 2 conservative target of SHARK pattern

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