Nifty Spot
Updated
Altough Fiis have been shorting each and every day................ I sense an ALLIGNMENT with a DEFAULT PROXY. This means that the data shows fiis being SHORT for 5-6 straight days.... but the market is Rising. They are now NETT SELLERS of Equity to the tune of almost 12000 crs in 5-6 sessions, and yet the market is RISING ????? This can only mean that the DATA is FUDGED. While they are showing Fiis are short on the face of it, the positions are exchanging hands during the course of the day between the Fiis and A PROXY.
I got up this morning to see that INDIAN CRUDE futures went to " ZERO"????????????? Atleast that is what my TV chart shows. Just be careful.... altough the Chart I have shown looks Bullish from the Charting point of view...... The PROXY SWAPS may create a problem.
I got up this morning to see that INDIAN CRUDE futures went to " ZERO"????????????? Atleast that is what my TV chart shows. Just be careful.... altough the Chart I have shown looks Bullish from the Charting point of view...... The PROXY SWAPS may create a problem.
Note
DO NOT follow TV charts blindly.............. I have been experiencing ERRORS for the Last few days . GOLD/INDIAN CRUDE = ZERONote
BE VERY VERY CAREFUL WITH LONGS. HOURLY CANDLES ARE SHOWING SOME AMOUNT OF FAULT LINES. DO NOT BE OVERTLY LONG. WILL POST THE CHART LATER
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