Tuesday, February 23

Nifty struggling near gann arc,Will it break ?

FII
  • FII's sold 7.1 K contract of Index Future worth 378 cores ,3.8 K Long contract were added by FII's and 10.9 K short contracts were added by FII's. Net Open Interest increased  by 14.7 K contract, so rise in market was used by FII's to enter  long and  enter shorts in  Index futures. Trading Wisdom From Legend Bruce Kovner
As discussed in last analysis Closing above 7151 we will head towards 7238. Nifty made high of 7257 and closed just below 7238. Any close above 7238 can see market moving towards 7325/7400. Range of 7270-7290 is very crucial so this needs to be watched closely in next 2 days, Time Analysis suggests big move is round the corner so be prepared for it. Please do not ask me to tell direction as I do not want my


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