Zubu Client Sentiment Nifty50 Report (July-14-2020)
Zubu Client Sentiment Nifty50 Report:
It is a Post Market Analysis, by which one can understand Client(Retail) trader’s sentiment and discover who was going long and short, the percentage change over time, and whether market signals are bullish or bearish.
Nifty50: Client’s data shows 52.44% of traders are net-long ,while the number of net-short was 47.56%.
In today’s session client’s unwind-ed huge shorts and so did DII’s & Pro’s, whereas FII’s created massive shorts and unwind-ed marginal longs.
- July expiry range is 10400-11200
- Medium term trend – Till Nifty is holding above 10458 on weekly basis we are bullish on Nifty