NIFTY

Report Day	:	27-Jan-25
Trading Day	:	28-Jan-25
CASH DATA	:	FII-Net BUY	DII-Net BUY
		-5015.46	6642.15
INDEX FO DATA	:	FII Effective LONG	Client Effective LONG
		-54.48%	41.53%
Interpretation of Data	:
Data Points	:	Foreign Institutional Investors (FIIs) are booking profits & Domestic Institutional Investors (DIIs) are supporting to the market with competitive buying.
INDEX Basis	:	FIIs are constantly selling deliveries on the net basis, however sectoral rotational buying may not be ruled out. Index effective shorts are huge from FIIs. Unless and until we see two trading session with huge short covering,  we may continue to the down trend.
NIFTY
On Data	:	Trend Down
On Chart	:	Trend Down
My View on Chart + Data	:	Nifty closed in RED, broken the lower range 22950 on chart, this may be a trap for short seller or it may continue to the fresh low so today position and move may support the view on NIFTY.
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 strong 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