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 45.97% of traders are net-long ,while the number of retail traders net-short was 54.03%.
Today FII’s created decent longs 5150 & unwind-ed decent shorts -5172, while retailers unwind-ed decent longs -1654 & created decent shorts 6025.
- August expiry range is 11000 -11600
- Medium term trend – Till Nifty is holding above 11086 on weekly basis we can stay long on Nifty