FOR AUGUST 21

********Technicals*****
Nifty is in uptrend.
Correction seems to be over but close above 4440 is reqired for confirmation.
Resistance will be at 8 dma at 4440
Support will be at 34 dma at 4381.

***Nifty**** ~ August 20~
Nifty august future premium decreased to 20 points. Open interest increased by 3 lacs today. ( new short---bearish)

*******Fund flow*** ~ August 18~
~FII index fut + 32cr

~FII stock fut – 24cr

~FII cash - cr

~Mut cash -8 cr
*******total fund flow +0 cr today & nifty was down by 38 points.
********Fund flow*** ~ August 19~
~FII index fut –1188 cr!!!!!!!!!

~FII stock fut –328 cr

~FII cash - 1136cr!!!!!!!!!!

~Mut cash - 136cr
*******total fund flow - 2788 cr today & nifty was down by 24 points.
*******So far net fund flow of -5244 cr in August series. (So far nifty is up in August series)

***********Past fund flow**********
~ Net fund flow of +6474 cr in July series. (Nifty +18 in series, closed at 4333)
~ Net fund flow of -8071 cr in June series (Nifty -520 in series, closed at 4315)

happy trading and investing.
-dr.jignesh shah