{LONGTERMINVESTORS} Nifty Bulls gain strength above 8111,Will we see follow up move ?

• FII's sold 12.3 K contract of Index Future worth 791 cores ,2.7 K Long contract were added by FII's and 15 K short contracts were added by FII's. Net Open Interest increased  by 17.7 K  contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures.How to deal with Negative Emotions in Day Trading
  

 As discussed in Yesterday Analysis   For next 4 days 8111 will play a important role on upside and 7972 on downside, breaking any one of the levels can see move 8210/8241 on upside and 7921/7777 on downside. High made today was 8146,and closed above 8111. Now we need to get the follow upmove in next 2 trading session till 8200/8270 else market can again whipsaw long trades above 8111.

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Rgds,

Bramesh

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