Zubu Client Sentiment Nifty50 Report:
It is a Post Market Analysis, by which one can understand 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: Retail trader data shows 47.39% of traders are net-long ,while the number of Retail traders net-short was 52.61%.
Today FII’s created huge longs 13522 & unwind-ed decent shorts -5670, while retailers unwind-ed huge longs -15440 & shorts -2084.
- August expiry range is 10900 -11500
- Medium term trend – Till Nifty is holding above 11000 on weekly basis we can stay long on Nifty