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NIFTY >> FII's continuing to sell and DII's out of fuel.

NSE:NIFTY   Nifty 50 Index
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The Resistance Lines are only secondary to this chart study.

The key factor is that FII's are still selling and the DII's fuel is running out to keep the index alive.

Check the FII outflow and Index correlation on the below image.

http://i.imgur.com/hgKix5r.png
Comment: The FII's continued to sell today.

When I suspected last week the DII's were running out of fuel, I did not expect them to run dry this soon, today's DII's net value down to 20 crore.

http://i.imgur.com/3lvBe47.png
Comment: FII's continues to sell and the outflow is at -800 crore today.

Waiting to see if the FII's and Nifty correlation will stand for tomorrow.

The DIIs chip in another 430 crore and tie it to a major support line of 8185 for today. Will 430 crores hold the index for tomorrow ?

http://i.imgur.com/vyB8QpV.png

19 companies that contribute 70% of index weight-age has not seen much of a move today, most of them closing below their opening and closing ranges.

http://i.imgur.com/AmBnj1g.png

Comments

FII's continues to sell and the outflow is at -800 crore today.

Waiting to see if the FII's and Nifty correlation will stand for tomorrow.

The DIIs chip in another 500 crore and tie it to a major support line for today. Will 500 crores hold the index for tomorrow ?

http://i.imgur.com/vyB8QpV.png

19 companies that contribute 70% of index weightage has not seen much of a move today, most of them closing below their opening and closing ranges.

http://i.imgur.com/AmBnj1g.png
Reply
i guess u r right, USDINR chart reflects the same
Reply
The FII's continued to sell today.

When I suspected last week the DII's were running out of fuel, I did not expect them to run dry this soon, today's DII's net value down to 20 crore.

http://i.imgur.com/3lvBe47.png
Reply
Looks Good...But how did uou analysed that DII flows are going down. ..as per the bar chart you shared both are almost on the same level of volumes.
Reply
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