NIFTY
Report Day |
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24-Jan-25 |
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Trading Day |
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27-Jan-25 |
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CASH DATA |
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FII-Net BUY |
DII-Net BUY |
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-2758.49 |
2402.31 |
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INDEX FO
DATA |
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FII
Effective LONG |
Client
Effective LONG |
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-59.41% |
41.89% |
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Interpretation
of Data |
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Data
Points |
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Foreign
Institutional Investors (FIIs) are booking profits & Domestic
Institutional Investors (DIIs) are supporting to the market in competitive
with buying. |
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INDEX
Basis |
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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. |
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NIFTY |
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On
Data |
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Trend Down |
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On
Chart |
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Trend Down |
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My
View on Chart + Data |
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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. |
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My
Action Point |
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The trend of
NIFTY is DOWN. I May be looking for the down side trade. |
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IF
GAP UP (+80) |
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If gap up
than look for short entry after some price action near resistance. |
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IF
GAP DOWN (-80) |
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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. |
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IF
OPEN FLAT (<± 80) |
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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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