Trading the nifty on 1st
January
The closing rate for Nifty is 5905 which is above
the 5900 mark. We need more confirmation data
to assess the nifty since this level has been maintained in the last few
trading sessions.
Today, in the New Years first opening session, we
need to see the Nifty clearing the resistance level of 5929 to confirm its strength.
If the Nifty fails to do so will take to the support level of 5871.
The FII continued to buy for 1578.97 Crores and sold
for 752.63 Crores resulting in a positive value of 826.34 Crores. The DII bought for 911.94 Crores and sold for
1112.91 resulting a negative of 200.97 Crores.
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