(last close 5797.55)
The older I get, the more I see a straight path where I want to go. If you’re going to hunt elephants, don’t get off the trail for a rabbit. – T. Boone Pickens
Nifty closed down 76.60 points at 5755.05 while Nifty futures closed at 5797.55, a premium of 42.50 points. FIIs bought in Cash, net buy 256.45 Crore while DIIs sold in Cash, net sell 415 Crore. FIIs sold in Index future, Stock future but bought in Index Option, net sell 14.83 Crore.
What for Today?
Nifty Future still seems to weak and bears are in party mood. Continue downtrend consequently on the 6th Day which shows there is no Sign of positive change in Today’s market, So the level of possibility is 5735-5669.
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