Tuesday, September 20

Nifty continue to hold Gann Support zone,EOD Analysis

  • FII's sold 1.6 K contract of Index Future worth 89 cores ,0.4 K Long contract were added by FII's and 2.1 K short contracts were added by FII's. Net Open Interest increased  by 2.6 K contract, so fall in market was used by FII's to enter long and enter  shorts  in  Index futures. The Casino Mentality In Trading
 As discussed last Analysis   Holding 8760 we can see another upmove towards 8860/8928, Bears will get active only below 8700 for target of 8656/8600. Low made today was 8759  so nifty continue to hold 8750 and made high of 8816 now need to head towards 8860/8928 holding 8760. Bears will be active only below 8700, As seen in below trading trading above 8830 can see move till 8928/8968 in near term.break of 8700 will push nifty towards 8600/8577. As per below chart expect impulsive move in next 2 trading session. Bank Nifty continue to trade in range,EOD Analysis


Continue Reading

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home