********Technicals*****Nifty is trading sideways between 4200-4450 but now with positive bias.
Three attempts to break market downward had failed at 4316,4235,and 4280.
Today long lower shadow formed which is very bullish.
***Nifty**** ~ August 26~
Nifty august future premium increased to 12 points. Open interest increased by 13 lacs today. ( new long---bullish)
********Fund flow*** ~ August 25~
~FII index fut +737 cr
~FII stock fut +178 cr
~FII cash +94 cr
~Mut cash +14 cr
*******total fund flow +1023 cr today & nifty was up by 7 points.
*******So far net fund flow of -6440 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
