Three consecutive red candles on a daily chart; Indices are in pressure

Same situation repeated in yesterday’s trading session too. FII’s sold more than 1600cr value of stocks. Nifty futures made a high of 15876.20 and slipped, finally settled around 15752.15. Now, what to expect??? Nifty future has support at 15730 and resistance at 15880–16930. Break and sustain below 15730 will take

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Monthly FII’s and DII’s Inflows

In the month of June, FII’s sold more than 5000cr value in futures while 9955cr value in the month of May. FII’s bought 1621cr value of stocks in the month of June while DII’s bought 5523cr value o stocks. It’s clear while analyzing options that they are net hedgers from

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Weekly update on Nifty and Bank Nifty: Bank Nifty looks trendy

Trendy Nifty future Nifty futures unable to breach its support level of 15450 and bounced back sharply again but still not able to breach its resistance level of 16000 mark. Nifty futures settled around 15880. Now, what next??? Nifty futures has resistance at 16000 while immediate support at 15700. Three

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