NIFTY ANALYSIS FOR JULY 21

********Technicals*****
Nifty is now in consolidation with upward bias.
Resistance is at 4200.
Above 4200 nifty will be in strong rally with targets of 4700.
Support is at 3800.
****Nifty**** ~ July 18~
Nifty july future discount decreased to 15 points. Open interest increased by 4 lacs today. (new long --- bullish)
***Options**** July 18~

will update later.

********Fund flow*** ~July 17~
~FII index fut +2433cr !!!!!!!!!!!!!

~FII stock fut – 57cr

~FII cash +566cr !!!!!!!!!!!!!!!!!!

~Mut cash +11 cr
*******total fund flow +2953 cr today & nifty was up by 130 points.
*******So far net fund flow of +37 cr in July series. (but far nifty is down in July series from 4315- the settlement price)

******* Net fund flow of -8071 cr in June series

happy trading and investing.
- dr.jignesh shah