Zubu Client Sentiment Nifty50 Report (Sep-10-2020)

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 50.97% of traders are net-long ,while the number of retail traders net-short was 49.03%.

As today was the weekly expiry so as result of that FII’s unwind-ed very low longs -608 & unwind-ed huge shorts -8098, while retailers created decent longs 1364 & shorts 1001.

• September expiry range is 11250 -12050
• Medium term trend – Till Nifty is holding above 11086 on weekly basis we can stay long on Nifty