FIIs TRADING ACTIVITY IN INDEX FUTURES INCLUDING NIFTY FUTURE & SPOT / CASH SEGMENT ON NIFTY SPOT LEVEL BASIS ON WEEKLY BASIS FROM 21 FEB 2012 TO 24 FEB 2012 :-
AFTER ANALYZING BOTH THE TABLES IT IS CLEAR THAT THERE IS NO DOWN TREND IS LOOKING IN THE MARKET. IF WE SEE THE WEEKLY TABLE THEN IT IS FOUND THAT FIIs HAS DONE ONLY WEEKLY TRADE IN NIFTY FUTURE, THEY SHORT NIFTY FUTURES RS. 402.39 CR. @ 5556.55 AND COVERED RS. 475.17 CR. @ 5456.30, MEANS TO SAY 100 POINTS HAS TAKEN BY FIIs AND IF WE CONSIDER ON SPOT / CASH SEGMENT DATA THEN FIIs HAS BOUGHT RS. 11289.65 CR. @ 5506.27 WHICH IS THE HUGE BUYING AMOUNT ON WEEKLY BASIS. FIIs HAS BOUGHT RS. 8955.30 CR. @ 5429.30 ON 24 FEB 2012 WHICH IS THE HIGHEST INTRADAY BUYING AMOUNT OF NOT ONLY IN 2011 BUT ALSO IN 2012 TILL 24 FEB 2012. SO CLEAR INDICATING THAT FIIs ARE HUGE BULLISH ON MARKETS.
IF WE SEE THE 2ND TABLE THEN IT IS CLEAR THAT FIIs HAS TAKEN LONG POSITION IN NIFTY FUTURE RS. 1324.48 CR @ 5437.79 IN FEB 2012 TILL 24 FEB 2012 AND TOTAL BUYING IN CASH SEGMENT IS RS. 23685.49 CR @ 5419.99 WHICH SHOWS CLEARLY THAT FIIs ARE NOT LOOKING FURTHER DOWNTREND , THEY ARE SEEING SOMETHING POSITIVE CUES IN THE MARKET THAT IS THE REASON THEY ARE PUTTING TONS OF MONEY IN THE MARKET AND KEEP PUTTING. IF WE SEE ON OVERALL BASIS THEN FIIs HAS BOUGHT RS. 33530.54 CR @ 5164.13 ON YEAR 2012 TILL 24 FEB 2012 BASIS AND MARKET IS NOT LOOKING BELOW 5164.13 IN ANY CONDITION BY COMING MONTHS.
FIIs OVERALL NET LONG POSITION IN NIFTY FUTURES ON YEAR BASIS IN 2012 TO TILL 24 FEB 2012 IS RS. 5291.58 CR @ 5178.46.
AFTER ANALYZING ALL THE FACTORS IT IS EXPECTED THAT NIFTY CAN TOUCH 5820+ IN COMING TRADING SESSIONS.
"W" BOTTOM IN NIFTY SPOT ON CHARTS :-
"W" BOTTOM IN NIFTY SPOT
"W" BOTTOM IN CRUDE OIL
"W" BOTTOM IMPACT (BECAUSE OF "W" BOTTOM CRUDE OIL IS TRADING HIGHER @ $109.70
"W" BOTTOM EXAMPLE
AFTER ANALYZING THE ABOVE CHARTS IT IS CLEAR THAT WHEN "W" IS CREATED THEN HUGE BULLISH PATTERNS MADE AND THIS TIME NIFTY SPOT HAS CREATED "W" BOTTOM PATTERN AND WILL TOUCH NEW HIGH, SO EVERY 100 POINTS DIP IN NIFTY WILL BE BUYING OPPORTUNITY.