On yesterday’s trading session
Nifty opened at 11,258 and closed at 11,131 so it was a negative day
According to our strategy we will take a bullish trade as previous trading day was negative.
But following 3 negative days in Nifty we did not take any trade today.
Loss and profits are a part of trading
With Nifty 50 falling over 326 points and sensex falling over 1,114points Nifty 50 falls over (-2.93%)
Top gainers for today were
Top Loosers for the day were
*FII and DII data
FIIs were negative
Bringing the net FII position to = -1865 cr
While DII were bullish today
Having a net position of 188 cr
Summarizing what can be said is from today’s data is market’s still remains bearish following yesterday’s negative movement and until there will not be a reduction in the corona cases in europe / worldwide market’s are expected to stay negative or flat.