FII’s in FnO- 18/02/14
Cash Market: FII’s were again in BUY mode in the cash market today. They bought 292 CR worth of stocks .DII’s went the other way again and sold 155 CR in the cash market . Index Futures: The highlight of today’s trade in futures by FII’s was the covering of 10194 Index short contracts in […]
Trading Room Charts – 18/02/14
The BNF had a trend day today which came in a P shaped profile commonly seen when there is short covering in the market. I had expected the big blue orders seen at the close yesterday to give another round of consolidation in the BNF today. However the algo at 10409 and the one at […]
BankNifty- Nifty Ratio
Here is a chart which shows the BN- NF ratio in terms of relative price movement. As can be seen the banks have under performed the Nifty for the past three months as the slope of the graph shows. But Now the downward sloping trend line has been broken and the ratio is free to […]