Thursday 17 March 2016

Nifty unable to close above gann trendline,EOD Analysis

FII's bought 10.7 K contract of Index Future worth 591 cores ,7.1 K Long contract were added by FII's and 3.6 K short contracts were liquidated by FII's. Net Open Interest increased  by 3.4 K contract, so fall in Nifty market was used by FII's to enter  long and  exit shorts in  Index futures.How to fight with Trading Emotions As discussed in Last Analysis  Bulls need close above 7554

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