FII fishing BULLS using SGX NIFTY

Yesterday FII sold for about 1900 crores in cash market and doing so for last three weeks.

Suddenly in the morning today SGX going up by 40 points. But Nifty fell at opening.

Retail traders should take this into consideration and trade accordingly.

Don’t Give any importance to SGX Nifty.

Wait for market moves for first 30 minutes and decide.

3 Likes

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Another case of misleading through SGXNIFTY
9769 showing up 32 points by our media also shows same.

Our Market ended at 9785. Oct Future.

Effectively SGXNIFTY is down compared to our closing yesterday by 16 points

VIX is still above 13 means caution to be maintained.