Nifty Analysis: Where Are We Heading?

Hello friends, keeping in mind the volatility prevailing in the markets these days we have decided to come with our views on nifty today.

As our charts show, we are at crucial levels of lower trend line support. If we violate these levels it would confirm the shift from bullish to bearish channel as labelled by us in our charts and  then we may see 8200 levels in nifty spot.

But keeping in mind the FII Activity today and as per our analysis nifty can reverse upwards from here and retest 8600 levels again before further correction. FII and DII buying of 17488 crores and 1364 crores in cash markets today support our views. FII's have also bought 318 Crores in index futures and 490 Crores of Index options

FII Activity 21st April 2015 Summary Cash segment
FII’s: + 17488.73 Crores
DII’s: + 1364.83 Crores
FII Activity 21st April 2015 Summary Derivative Segment:
Index Futures: + 318.69 Crores
Index Options: + 490.08 Crores
Stock Futures: – 1293.93 Crores
Stock Options: – 113.43 Crores
Data is taken from the NSE Website 

Happy Investing
The Stock King

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Write comments
Chetan Gomase
April 21, 2015 at 9:04 PM delete

How to find FII activities for particular day in Cash Segment?

April 22, 2015 at 7:54 PM delete

u may check it on

Rahul Kapoor
April 23, 2015 at 5:53 AM delete

Hello abhi bro

Pls share ur views about freshtrop fruits for short and long term.

April 23, 2015 at 7:16 PM delete

looks good for long term but for short term its a risky affair..................