jellygill

jellygill

Let us see what happened in last 24 hours: 1. FIIs & DIIs were both net buyers in cash segment. 2. FIIs & DIIs are holding just 8% net short positions in Index Futures compared to over 22% net short positions at the beginning of this Mar 24. 3. Overall Index Future contracts are witnessing never before seen volumes. So new money is coming in the market. 4. US...

jellygill

Yesterday Nifty opened on Negative note and it seemed it will be a retracement day. However, after some time sustained buying pushed the index back to green zone. At the end of the day, Both FIIs+DIIs were found to be net buyers in cash segment. At 3:30 PM Indian time, RBI Governor's Interview projected India's GDP growth for the current FY to be close to...

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Owning to good GDP numbers presented by India, market went into celebratory mode and Nifty made good gains on Friday. However, FIIs+DIIs still remain net short by 18% in their combined Index Future Positions which means they are expecting correction in the market. On 15 min time frame, price in Nifty is in consolidation zone which is no trade zone for an option...

jellygill

What happened in last 24 hours: 1. SP500 Index (USA) finished near best levels driven by Big Tech companies. 2. Indian Economy grew at 8.4% in the last quarter beating estimates (as per Govt data) 3. Lithium Futures are soaring in China. 4. FIIs+DIIs have started the new month Index Futures series with large number of Net Short positions. It is expected that...

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Market View 28 Feb 2024: There was a time when Indian market danced to the tune of FIIs and DIIs. The times have changed now. In Jan and Feb 2024, it is Indian retailers who are calling the shots. They pumped so much money in Indian market in Jan 24 that despite DIIs+FIIs jointly holding net short positions in Index Futures, the market did not retrace and kept...

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01 Feb 2024: What happened in last 24 hrs around the world * US FED commentary indicated rate cuts can not be expected in March and sharp sell off was seen in all sectors thereafter. * French and German inflation data shows a fall * Interim Budget Day in India. Being an election year, populist measures can be expected which generally impact the market in...

jellygill

What happened in Last 24 hours: US market ended on muted note ahead of interest rate decision. Heavy selling was seen in across all the sectors in Indian market. FIIs+DIIs have taken huge short positions in index futures. They hold only 21% long positions and nearly 50% short positions in all. It is expected to be a muted day as of now,...

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Market Outlook 25 Jan 2024 Here is a glimpse of what happened in last 24 hours: Global indices inched up yesterday, with some of them touching life time highs China surprisingly cuts RRR rate by 50 bps US business activity is picking up with inflation moderating. Copper and Oil edge higher on demand concerns. FIIs and DIIs combined futures positions in Index:...

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Major World Indices ended yesterday on positive note. AI related demand surge is giving push to IT companies stocks. Rate cut expectations fall back as prominent central banks push back such apprehensions. Geo-political tensions rise as Pakistan strikes some parts of Iran with missiles. FIIs+DIIs combined Index Futures positions are now 7% more short...

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Almost all Major world indices ended in red yesterday and Indian indices like Nifty50, Sensex and Bank Nifty were no exception. A look at Index Future data shows that combined Futures Positions by FIIs+DIIs are over 40% short and over 38% long which means they are net short now for the first time in this month. Just 1 sessions ago they were 10% net long, so...

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What is happening worldwide: Consumer spending in USA and China is declining and experts are of the opinion that banks will report lower profits than expected in the coming results season. Car sales and chip demand is declining and valuations of the stocks are sky high. Taking all this into account, the selling pressure on Banks is expected to increase in...

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What is in store this week: Nifty50 went on a steep climbing path from 27 Oct 2023 onwards and it has gone way too far away from the consolidation zone and that is why some retracement is expected in coming days. On Daily candle chart, nearby resistance is seen at 21778 while 20194 is a solid support. Combined Futures Index positions of FIIs+DIIs data shows...

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3 Jan 2024 : Nifty50 has entered consolidation zone on 15min. chart and currently selling pressure is more than buying pressure. 21579 is the nearest Support and 21819 is nearest resistance. If the price clears any of these landmark points, the further down or up move can be expected. Future Index positions of FIIs+DIIs (combined) indicate they are still...

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A quick look at FIIs + DIIs Index Futures Positions, as on 28 Dec 23, tells us that, taken together, they hold 50.56% Long Positions compared to 32.66% Short Positions which indicates bullish sentiment outweighs the negative sentiment. Resistance is seen at 21673 which was yesterday's high while Support is seen at 21580 level. 21560 to 21410 is area of...

jellygill

Analysis of Nifty Futures indicates that largest number of contracts are pegged at 18000 level. If Nifty is unable to scale or hold this level, then you might witness another selling wave near that level. However, if 18000 level is surpassed, then the sellers sitting at that level will be forced to cover their losses and hence Short Covering will push the market...

jellygill

Price moves due to imbalance between Demand & Supply. Volume Profile enables you to clearly see that imbalance. With the help of Volume Profile, you get to know the point of balance between Selling & Buying Pressure. When that balance is disturbed, position of many people starts giving them a loss. A point comes when they can no longer tolerate their loss...

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Nifty & Bank Nifty has seen significant slide down in last few weeks and looks like Big Money is leaving Indian Market right now. Going by the charts, Nifty seems to be in Dark Red Zone. Last Friday, FII were net sellers to the tune of INR 5785.3 crores which is a significant amount. On hourly charts 17000 level will prove to be a game changer if Nifty breaks...

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When we analyze Nifty's chart on Daily Candle, we see it is overbought since last 5 days. Historically, whenever overbought indication got active on Daily Chart of Nifty, the correction started from there on. Also, an analysis of Futures Contracts tells us that we are already at the peak. And number of contracts being sold/bought at this level are not much...