Just as a cautious businessman avoids investing all his capital in one concern, so wisdom would probably admonish us also not to anticipate all our happiness from one quarter alone. Sigmund Freud
Nifty closed up 4.75 points at 5476.50 while Nifty futures closed at 5467.10, a discount of 9.40 points. FIIs sold in Cash, net sell 607.43 Crore while DIIs bought in Cash, net buy 409.99 Crore. FIIs sold in Index future, index option but bought in Stock future, net sell 1316.70 Crore.
Yesterday we told!
Yes we told Nifty Future will check the level arround 5500 and with the same movement if it forwards they will kiss 5525, and what we saw it kiss 5525 and made high of 5526 that is exactly close.
Nifty future suddenly took reverse position in last 20 -25 mint.
What for Today…?
Today in Nifty future we see trend to move down then
may go below yesterday close 5454.
Then very much possibility to check this level 5422- 5416.
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