Nifty approaching the gann support zone, Will it Bounce?

FII's bought 2 K contract of Index Future worth 146 cores ,1 K Long contract were liquidated  by FII's and 3 K Short contracts were liquidated  by FII's. Net Open Interest decreased  by 4 K contract, so fall in market was used by FII's to exit  long and exit short in  Index futures. Employ your mind wisely or else it will Employ You As discussed in last analysis  It was day of whipsaw

Posted in: Technical Analysis