Thursday, February 05, 2015

FIIs Selling were Negligible, while DIIs were Net Buyers
Yesterday, I mentioned in this blog that though both DIIs and FIIs turned out to be net sellers, ".......the bears will not be able to conquer the Bulls too easily". It is because 50D EMA is higher than 200D, 150D and 100D EMAs.

Today's move is clear enough to show that the Nifty could rebound before reaching 8600. The budget rally is expected to start from the next week and this time, I feel, Nifty will touch 9000.

The traders are suggested to buy stocks which has a story to tell. 
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