NIFTY TODAY
Today too nifty traded in a tight range and ended positive. Volume was not good. FII’s were net buyers for 106.4 crores which are very low compared to their previous purchase. In addition DII’s too turned net buyers for 452.33 crores. Which is encouraging? Today too nifty had resisted at 5293 levels very strongly. It managed to close above the 5288 levels which is an important resistant. In my view as FII’s buying had decreased we should be very careful on every rise.
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