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 51.59% of traders are net-long ,while the number of retail traders net-short was 48.41%.
FII’s unwind-ed huge longs -7279 today & yesterday -6538 & created decent shorts 2145 today & yesterday 3173, while retailers created massive longs 14199 today & 12813 yesterday and created huge shorts 9033 today & unwind-ed decent shorts -3056 yesterday.
- September expiry range is 11250 -12050
- Medium term trend – Till Nifty is holding above 11086 on weekly basis we can stay long on Nifty