iCharts Discussions

[givemegold]

Yesterday evening just before market closure time - i posted this message in SB...

givemegold : maatukaara vela un maata konjam pathukada... who are all the smart fiis started hedging their longs.. (21/02 15:27:01)

Now look at the market data taken from NSE -- While FIIs are still continuing to buy on the cash segment, they are actively started hedging their longs at a comfortably higher peak. It indicates market might sooner peaked out and ripe for correction.

see the attachement.

Bulls trade with caution -- no need to panic, but hedge your longs at higher levels. Awaiting to see how far this correction will go and eager to watch at which point DIIs will start buying.

Bull or bear - smart traders will always mint money..... enjoy

[deva2012]

hi gm....
wht is the strategy for nifty fut

[givemegold]