Wednesday, September 7

Will Nifty close above 8951 for further rally,EOD Analysis

FII
  • FII's sold 6.3 K contract of Index Future worth 399 cores ,4.6 K Long contract were liquidated by FII's and 1.6  K short contracts were added by FII's. Net Open Interest decreased  by 3  K contract, so rise in market was used by FII's to exit long and enter  shorts  in  Index futures. Do Not Limit Yourself
 As discussed in past Analysis on 01 Aug   Close above 8677 Nifty can make next move till 8800/8951. Bearish only on close below 8490 and bullish on close above 8677 in between yo-yo move Gann Analysis gives an edge in market as its based on vibration and things which has happened in past will repeat again, High made today was 8950.85 just .15 point short of 8951. Now 8951 will become the

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