Dear Bros., FII's have sold for 720 , 671, 695 crores during the three days but there appears no effect in Nifty. Even 7900 PE is still strong. May be FII's selling in future and buying in cash? Can anybody explain?
@d r sasan sir i was thinking over it too,though i am not much experienced the only explanation i could think of is that fii are dumping equity while managing index....keeping index rangebound gives them willing buyers of equity who buy thinking this is consolidation going on and market will go up later
7 comments:
Is tomorrow is trading holiday ?
Yes Sai
Namaste Ilango Sir & Blogmates,
(Neutral to Bearish: Participants booked profit and stayed light due to holiday and State Elections with the writers taking the day off, 8000-8200 level now is very strong resistance..: Option Analysis for 14-10-2014
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Thanks & Regards,
Sanjay Kr Jaiswal
Dear Bros., FII's have sold for 720 , 671, 695 crores during the three days but there appears no effect in Nifty. Even 7900 PE is still strong. May be FII's selling in future and buying in cash? Can anybody explain?
Sgx bleeding
@d r sasan
sir i was thinking over it too,though i am not much experienced the only explanation i could think of is that fii are dumping equity while managing index....keeping index rangebound gives them willing buyers of equity who buy thinking this is consolidation going on and market will go up later
Dear GS :But tomorrow appears to be a decisive day. Europe & USA bleeding badly . How Asia can immune?
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