Nifty Trend

MEDIUM TERM----
Nifty is in uptrend with targets of 5160, 5230, 5330. (updated on November 23).
--Nifty made high of '5138' on 25th November.
SHORT TERM---
Nifty was in short term uptrend which is now terminated. (Updated on November 26).

Friday, October 23, 2009

FUND FLOW UPDATE FOR OCTOBER SERIES



--FIIs are buyers only in cash segment in current month which also includes QIP, IPO figures.
--FIIs are net sellars in index and stock futures suggest that they are hedged in there position in market.
--looking to the data, investors need to be cautious in short term.

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