AFTER ANALYZING THE ABOVE TABLE, IT IS CLEAR THAT FIIs HAVE TAKEN HUGE SHORT POSITION IN MAY 2012 SERIES AND ALSO SOLD IN STARTING OF JUNE 2012, TOTAL NET SHORT POSITION IN NIFTY FUTURE RS. -6085.95 CR. @ 4989.05 NIFTY SPOT LEVEL. WE SHOULD NOT FORGET THAT THE AVERAGE LEVEL OF NIFTY SPOT OF THIS SHORT POSITIONS WAS 5050 EARLIER AND 5002 LATER. MEANS FIIs ARE SELLING OR TAKING MORE SHORT POSITIONS IN NIFTY FUTURE CONTINUOUSLY AND NOT LOOKING TO RECOVER TILL NOW. THE SHORT POSITION AMOUNT IS TOO HUGE AND SHOWS HOW MUCH SERIOUS WEAKNESS IS LOOKING IN THE MARKET FURTHER.
THE AVERAGE LEVEL OF NIFTY SPOT FOR SHORT POSITIONS OF FIIs IS @ 4989.05 MEANS IT IS 100% CLEAR THAT NIFTY IS HARDLY LOOKING ABOVE 5000 OR 5000 - 5050 RANGE.
ALL THIS FIIs DATA ARE GIVING EARLIER ALERTS FOR COMING MORE WEAKNESS IN THE MARKET.
INTERNATIONAL MARKET :-
WE SAW POOR GDP Q4 NUMBERS OF INDIAN ECONOMY WHICH SHOWS HOW MUCH SERIOUSNESS IS THERE IN THE ECONOMY. GLOBAL MARKETS ARE ALSO SUPPORTING THIS SERIOUSNESS, ALSO SEEN POOR JOB DATA FROM AMERICA AND POOR PMI DATA FROM CHINA. AND ALL THESE POOR FUNDAMENTAL NUMBERS ARE TUMBLING ALL WORLD MARKETS. ANOTHER THING WHICH WE SHOULD NOT IGNORE THAT BIG UPSIDE MOVEMENT IN US BOND AND GOLD. WE SAW THAT US BOND WAS UP MORE THAN 3.5% LAST WEEK AND 2% BIG UP IN DAY BASIS AND GOLD ABOVE $1600, IN INDIAN TERMS MORE THAN +1000 POINTS MOVED UP AND NOW TRADING AROUND @ 29850. AND NOW READY TO TOUCH 30000 ALSO AND EXPECTING CAN TOUCH 32000 ALSO. THIS SURPRISE JUMP IN US BOND AND GOLD IS CLEARLY SHOWING THAT MARKETS ARE LOOKING VERY WEAK.
WE ALSO SHOULD NOT IGNORE CRUDE OIL. WE SAW A HUGE SHARP CORRECTION IN CRUDE OIL LAST WEEK . CRUDE OIL GOT DOUBLE LOWER CIRCUIT ON MCX ALSO
MARKET IS TRADING UNDER ANXIETY PHASE UNDER MARKET CYCLE MEANS THIS DIPS IS TAKING LONGER THAN EXPECTED.
No comments:
Post a Comment