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agasthya_d
Oct 19, 2021 4:17 PM

NIFTY obeying DOW Theory!! 

Nifty 50 IndexNSE

Description

- FIIs net sold for the day is about Rs 505.79 CR
whereas DIIs net sold Rs 2578.22 CR
- Both were booking their profit not only today from past few days
- Still market is rising due to news that indian stock market is trading at life time high , this is the news bringing new investors and Urging retailers to invest in market but no one noticing that smart money is pulling out from the market
- this where retailers get stuck in and this where everyone start panic n blaming the market
- i'm not telling that market will turn into Bearish
- but market will get correct or consolidate for some period
- Stay light with Quantity
- Move from Quantity to Quality


Comments
UnknownUnicorn8087187
you got it all wrong!
watch the top 20 stocks in nifty 50 in those days, index was manipulated due to pumping.
agasthya_d
@sandeepshuklavns7, did you notice that what happened after this analysis,
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