Nifty rallies 150 point from gann support zone,EOD Analysis

FII's bought 10.7 K contract of Index Future worth 638 cores ,7.9 K Long contract were added by FII's and 2.7  K short contracts were liquidated by FII's. Net Open Interest increased  by 5.1 K contract, so rise in market was used by FII's to enter long and enter shorts  in  Index futures. As discussed in last analysis  As seen in below chart nifty is near gunner support of both

Posted in: Technical Analysis