Wednesday, 16 November 2016

{LONGTERMINVESTORS} Nifty continue to hold Gann Support zone,EOD Analysis

  • FII's bought 1.6 K contract of Index Future worth 94 cores ,837 Long contract were liquidated by FII's and 2.4  K short contracts were liquidated by FII's. Net Open Interest increased  by 3.2 K contract, so fall in market was used by FII's to exit long and exit shorts  in  Index futures. How to Keep Your Cool When Trading
As discussed in last analysis Now again Nifty is at crossroads near gann angle as show in below chart, Range of 8093-8040 is the support range if held we can see fast bounce towards 8448. Bulls will get active above 8188 for a move towards 8270/8410


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Rgds,
Bramesh

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