Zubu Client Sentiment Nifty50 Report (July-21-2020)
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 50.79% of traders are net-long ,while the number of net-short was 49.21%.
Today FII’s created huge longs and marginal shorts, while retailers unwind-ed decent longs and created shorts
- July expiry range is 10600-11200
- Medium term trend – Till Nifty is holding above 10458 on weekly basis we are bullish on Nifty