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Trade-Technique
Apr 2, 2019 3:42 AM

there has been a lot of profit booking by Fund-Managers on NIFTY Short

Nifty 50 IndexNSE

Description

As we saw yesterday, there has been a lot of profit booking by Fund-Managers. Although daily candle appears technically DOGI, this is single of change trend.

Nifty price is still above 50MA and 200MA as plotted in a chart also, which indicating positive bias in the short term.

Cash Nifty:
selling expected is 11729 to 11748 and below 11580 below is confirmation of changing trend.

ATR is till normal which means not started downtrend.
Comments
mklives
where do u get the data that fund managers sold?
Trade-Technique
@mklives, Honestly speaking, There is not available this data on any webpage. From my circle, and they manage the funds of NRI with whom i discussed with them. They also try to identify the fund flow before enter and exit with strategy.
mklives
@Kinnari_Prajapati, so based on just a few fund managers you post that they exit.there are plenty of funds and managers out there..a vague post thought.anywyas good luck
Trade-Technique
@mklives, There're not few, Big fund-managers are connected generally each other. I cannot post here all details but, Their capitals are unbelievable. Well, i will try to alter if they have any pre-planned. The flow of funds are unstable, because of the fund are not from one to people.
yndesai
@mklives, check on craytheon . com they have section on FII DII activities
Vashisht_CFTe
What do you mean by 'Fund-Managers'?
Thanks
Trade-Technique
@Vashisht_CFTe, The fund manager is responsible for implementing a fund's investing strategy and managing its portfolio trading activities. Fund managers are paid a fee for their work, which is a percentage of the fund's average assets under management
Trade-Technique
@Vashisht_CFTe, A fund manager is an trading professionally and having huge amount of position.
Vashisht_CFTe
@Kinnari_Prajapati, I am sorry you got the wrong idea. I meant to ask how do you know if the supply is from professional fund managers, is there a report to get such information?
Trade-Technique
@Vashisht_CFTe, There's not such a way or report to get information about it but, the best way to practice on volume and technically we can find the supply of money. There's some circle for that who connect each other with solid plan and strategies. Generally, it's like confidential.
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