Nifty corrects from Channel Resistance,EOD Analysis

• FII's bought 2.2 K contract of Index Future worth 160 cores ,17.3 K Long contract were liquidated by FII's and 15.1 K short contracts were liquidated by FII's. Net Open Interest decreased  by 32.4 K contract, so fall in Nifty market was used by FII's to exit long and  exit shorts in  Index futures.Traders Success Model
  

As discussed in Last Analysis   Nifty formed Inside day candle near channel top suggesting coming 2 trading days are very crucial as we can see fast move in market. Gann Time Analysis helped again coupled with channel resistance and Inside day  as we saw Big trending move

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