The overall story looks like Retailers are bearish, FIIs Slightly Bullish, Pros are bearish and DIIs bought and sold Futures for hedging Purpose.
Thursday evening after seeing rebound in nifty I thought selling is over now we can see "V" shaped recovery but I don' t think this going to happen because of the way FII's shorted the Index. Let's Analyse the Index Future data let's start with retailers who are net buyer today they bought 11,956 index future contracts and cover the 201 shorts and now they hold...
Here Today's Participant wise Open Position data. In today's we can clearly see FII covered their long as well as short. Today They covered 38,478 longs and 15,750 shorts now they have 42,913 longs and 86,419 shorts. On the other hand Retailers also covered 10,870 longs and 21,214 shorts and now they hold 1,99,156 Longs and 1,30,564 shorts. Propritary desks ...
After Monday's big falls here is Tuesday's Participant wise open Position in Index Futures data.
After Todays Blood Bath i thought why not publish an idea of who bought index future and who not.
stock breaks the pre-covid leves soon it is going to cross 600 levels and then heading toward 625-650.
here is simple stratergy to make profit in short term buy above the 20 moving average and sell below the 20 ma
Nippon India Mutual Fund Bought about 66,08,595 share of Finolex Chemical Ltd. at 45.2 which is 6% of the total traded volume of the day. i think this stock is gonna open tomorrow with the gain of 4-5%. so keep on this stock radar.
Just Look at volume candal below the chart. this is volume come from Rajstan Global Securities Pvt Ltd. The Fund is bought 2,70,695 share from the market at 157.4 which is 0.6% of the traded volume of the day. after buying from the institution the stock is gonna go above 200 which is pre-covid level for the stock.
After everyday Heavy Selling from Adani Logistic ltd. stock still climbing toward 65-70 levels. i just confused who are the guys who are buying the stock after adani Logistic ltd. selling their position after failed acquisition.
After crossing 520 level BHARTIARTL is now heading toward 600 levels but first its gonna hit 550 major level then it is moving toward 600 levels in one or two months.
INDUSIND BANK break it's resistance level and now it is trying to test 600 levels from this level in this week or next.
State Bank of India broke the support level yesterday. I think SBI this week or next week is gonna test the 250-260 levels.
The chart are showing on hourly chart that indigo will be showing 1110 levels in this week.