- FII's bought 6 K contract of Index Future worth 364 cores ,11.6 K Long contract were added by FII's and 5.6 K short contracts were added by FII's. Net Open Interest increased by 17.2 K contract, so rise in market was used by FII's to enter long and enter shorts in Index futures. Not able to pull the trigger in Trading
- As discussed in Yesterday Analysis Bulls above 8723 can see move till 8851/8900. Nifty made high of 8813 before seeing profit booking. As seen in the below gann angle chart Bulls needs to hold 8723-8751 range for a move towards 8951-8976 zone. Bears will get active below 8650 only. Bank Nifty Gann Angles Analysis
Rgds,
Bramesh
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