Nifty close below 7230 to invalidate harmonic patterns,EOD Analysis

FII's sold 9 K contract of Index Future worth 417 cores ,65 Long contract were added by FII's and 9 K short contracts were added by FII's. Net Open Interest increased  by 9.1 K contract, so fall in market was used by FII's to enter small qty long and  enter good amount of shorts in  Index futures. Bad Trading Habits and How to Avoid Them As discussed in Last Analysis Nifty closed below

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