Wednesday, September 21

Nifty hold on to Gann Support zone before Fed Policy,EOD Analysis

  • FII's bought 6.3 K contract of Index Future worth 444 cores ,5.6 K Long contract were added by FII's and 0.71 K short contracts were liquidated by FII's. Net Open Interest increased  by 4.8 K contract, so rise in market was used by FII's to enter long and exit shorts  in  Index futures. Characteristics Of Loss making Traders
 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 8757  so nifty continue to hold 8750 and made high of 8826 now

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