At first Nifty will possibly try and test 22700/22800 levels and could fall till 21700 levels in April month.
FIIs Continues selling in cash (almost 2k crores daily) - long term bearish
Pro is long term bearish
Clients are medium bullish or trying to take impact of FII selling to keep up.
Current bounce seems adjustments or sell-on-rise strategy.
Nifty is not reacting to global cues lately, something fishy or odd.
Overall long term short and sell on rise at resistance.
FIIs Continues selling in cash (almost 2k crores daily) - long term bearish
Pro is long term bearish
Clients are medium bullish or trying to take impact of FII selling to keep up.
Current bounce seems adjustments or sell-on-rise strategy.
Nifty is not reacting to global cues lately, something fishy or odd.
Overall long term short and sell on rise at resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.