Nifty closed up 46.55 points at 5565.65 while Nifty futures closed at 5589.70, premium of 24.05 points. FIIs sold in Cash, net sell 395.78 Crore while DIIs bought in Cash, net buy 516.15 Crore. FIIs sold in Stock future, Index Option but bought in Index Future, net sell 805.87 Crore..!!!
Yes..! we told on Thursday that lower side at 5542 and made low of 5541.
What for Today..? Thursday Nifty future closed in positive which shows possibility of reversal . Today Nifty Future After a long waiting, bull may find a way to upside 5620 and trade above it will take 5665 . if cross over level then we will see a new high.
Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They’ve black magic of stock market analysis because studied charts over 20 years.