{LONGTERMINVESTORS} Nifty again Bounce from demand zone, EOD Analysis

• FII's bought 16.7 K contract of Index Future worth 890 cores ,9.7 K Long contract were added by FII's and 6.9 K short contracts were liquidated by FII's. Net Open Interest increased  by 2.7 K contract, so rise in market was used by FII's to enter  long and  exit shorts in  Index futures. How To Improve Trading Success
  

As discussed in Last Analysis   tomorrow is important from time analysis perceptive so if we do not see follow up downmove below 7366 for 7300/7241, nifty can see a good bounceback till 7460/7480.  Nifty made low of 7457 near the 7460 and low was again made near

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Rgds,

Bramesh

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