Nifty is back in buying zone with high quality reversal of the nascent down trend that was getting set for last 5 trading days. 8600 is the key level, below which downside will restart. Nifty may gain 100-150 points more before stalling.
Tag Archives: nifty index trading
Indian Stock Market: Nifty falls 3.3% on Huge Selling by FIIs
Indian Stock Markets saw massive selling by nervous investors offloading delivery stocks, and trading stop loss triggers in the Futures and Options segment. Today’s total trading volume was a new life time high for Nifty. Nifty fell 3.3% on Huge Selling by FIIs, and though the DIIs tried to buy as much as they could, the number of sellers were 3 times more and the selling pressure was unstoppable till the end. Continue reading Indian Stock Market: Nifty falls 3.3% on Huge Selling by FIIs