NIFTY TODAY
Today nifty traded in a wide range with negative bias. Volume was good and also increased comparing to yesterday trade. Nifty broke the psychological level 5000 and closed below the crucial support level 5050. FII’s were net sellers for 1308.39! DII’s were net buyers for 654.35 crores. FII’s had been selling hugely for past three days! Market breath was negative with 9 advances and 40 declines. Technically more wide range black candles are forming in the price chart.
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