Nifty Bull Hold 8490 another bounce on cards,EOD Analysis

• FII's bought 12.7 K contract of Index Future worth 806 cores ,9.5 K  Long contract were added by FII's and 3.2 K short contracts were liquidated by FII's. Net Open Interest increased  by 6.3 K contract, so fall in market was used by FII's to enter long and cover shorts  in  Index futures. When not to Trade

 As discussed in Yesterday Analysis   Bulls should protect 8490 else we can see a quick correction till 8410-8400. Bullish on close above 8577 for target of 8650, Low made was 8494

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