Zubu Client Sentiment Nifty50 Report (June-18-2020)

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 50.26% of traders are net-long, while the number of Retail traders

net-short was 49.74%.  As we can see that retailers are long since past four sessions, however positioning is still not change significantly.

So as if now we are still long till the time Nifty is holding above 9658 on weekly closing basis.

In today’s session traders are less net-long than yesterday and their is a little increment seen in their short positions

Recent changes in sentiment warn that the current Nifty50 price trend may soon reverse lower as fact traders remain net-short.

  • June expiry range is 9700-10500

Zubu Client Sentiment Nifty50 Report (June-18-2020)