NIFTY

Report Day

:

24-Jan-25

 

 

Trading Day

:

27-Jan-25

 

 

 

CASH DATA

:

FII-Net BUY

DII-Net BUY

 

 

-2758.49

2402.31

 

 

 

INDEX FO DATA

:

FII Effective LONG

Client Effective LONG

 

 

-59.41%

41.89%

 

 

 

Interpretation of Data

:

 

Data Points

:

Foreign Institutional Investors (FIIs) are booking profits & Domestic Institutional Investors (DIIs) are supporting to the market in competitive with buying.

INDEX Basis

:

FIIs are constantly selling deliveries on the net basis, however sectoral buying may not be denied. Index effective long are huge, unless and until two trading session with huge short covering will or may decide the reversal for up move.

 

 

NIFTY

On Data

:

Trend Down

 

On Chart

:

Trend Down

 

My View on Chart + Data

:

Nifty closed in RED, in a range (23450 - 22950) on chart, this range may be a trap range before a decisive move on either side.

My Action Point

:

The trend of NIFTY is DOWN. I May be looking for the down side trade.

 

 

IF GAP UP (+80)

:

If gap up than look for short entry after some price action near resistance. 

IF GAP DOWN (-80)

:

If gap down than look for the price retracement on chart near to first resistance and on first bearish price action I may short NIFTY. 

IF OPEN FLAT (<± 80)

:

Flat opening may give hope to position holder of both side, and once the market break the yesterday second half range before 10 am may give 50+ point

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