Indices are in a trendy mood; Keep an eye on steel sector stocks

Nifty futures last close: 15868 Watch 15877 levels carefully. Break and sustain above 15877 will take it to 15922—15948—15999 levels. More and more upside rally we will see on a close above 16002 levels. Panic below 15816 levels only A decisive break below 15816 will take Nifty futures to 15788—15763

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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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