Saturday, March 19

Nifty Breaks gann trendline,EOD Analysis

FII
  • FII's bought 7.6 K contract of Index Future worth 490 cores ,16.1 K Long contract were added by FII's and 8.4 K short contracts were added by FII's. Net Open Interest increased  by 24.5 K contract, so rise in Nifty market was used by FII's to enter  long and  enter shorts in  Index futures.How To Get What I Want
As discussed in Last Analysis  Nifty opened with gap up made high of 7585 and again unable to close above both gann trendline and demand zone of 7554, but again was able to held on to gann arc, suggesting bulls are in control. Nifty gann arc again helped us

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