FIIs net sold stocks of worth Rs. 435 crores yesterday whereas DIIs net bought stocks of worth Rs. 193.6 crores, as per provisional figures. (Cash market figure).Global Cues = Negative. US markets sold off in overnight trade after worrisome results from Morgan Stanley, and FedEx. Dow Jones slipped 1.1%, and closed at the lowest level in last 3 months. S&P 500 closed down 1% and NASDAQ was off 1.1%. Thus market continues to be week for a while ... NEXT week meeting with the OPEC countries for boosting oil supply is due which can bring back the positive sentiment in the market, till then we make go and test 4450 levels again
Market call -> Any one who bought 4500 strike Nifty put at 150(Recomended in previous post) and below premium please update the stop loss to 180 ..... current Market Price 201...( unrealized gain 2500*number of Puts)
disclaimer:-Views expressed here are my own and should not be construed as financial advice in any way. Please do the necessary due diligence before entering any trade!
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