{LONGTERMINVESTORS} Will Nifty close above 7575 after RBI event ?

• FII's bought 23.9 K contract of Index Future worth 1327 cores ,7.5 K Long contract were added by FII's and 0.7  K short contracts were added by FII's. Net Open Interest increased  by 8.3 K contract, so fall in market was used by FII's to enter  long and  enter shorts in  Index futures. Every Success Story Is Also A Story Of Great Failure
  

As discussed in Last Analysis  Now Bulls should watch 7593/7634 in coming 2 days as these 2 points are strong supply zone once we sustain above 7575 for 1 hour. Nifty opened with gap sustained above 7575 for 3 hours but was unable to close above the supply zone of 7593 High made was

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Rgds,

Bramesh

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