- US markets fell as there was a news report that said Capital Gain tax will be hiked for Super Rich people
- SGX Nifty is down by about 50 points
- Yesterday, since the beginning, DIIs would have supported the markets
- When everyone was expecting Nifty to fall towards 14000, Nifty shot up to 14400
- For third day, DIIs have bought for more than what FIIs have sold, but less than previous day Yesterday FII selling was less than Rs 1000 crore
- Bank Nifty out performed, Particularly ICICI Bank saw short covering ahead of its results, ICICI Bank is expected to declare good results tomorrow
- Looking at open interest, Nifty is likely to trade violently between 14000 and 15000.
- Bank Nifty is making more than 1000 point move on almost all days
- Even NIfty is making 200 to 300 points move
- Nifty future may trade between 14200 and 14420
- Call us: 8770023116
- Email: info@masterniftyoption.com
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