Overseas investors have pumped in over Rs 14,600 crore into the Indian capital markets this month so far, enthused by clarity on FPI taxation. The latest inflow followed a net pullout of Rs 80,310 crore from equity and debt together in the past four months (October-January). Prior to that, FPIs had invested over Rs 20,000 crore in the capital market in September 2016.
According to depository data, foreign portfolio investors (FPIs) infused a net sum of Rs 9,359 crore in equities during February 1-23 and another Rs 5,279 crore in the debt segment, translating into a total inflow of Rs 14,638 crore.
>>> Nifty Daily Chart - Posted Last Weekly Review <<<
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Wrote last weekly review - 8890 and 8940 - resistance - above rally may continue.
>>> Nifty Daily Chart <<<
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Price tested 8980.
>>> Nifty Hourly Chart <<<
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Price completed 1-5 rally, tested 8980.
>>> Bank Nifty Daily Chart <<<
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As mentioned last weekly review also - bank nifty possibly completed 1-5 rally as shown above, may face resistance @ 21040 & 21080 on the higher side.
>>>Bank Nifty Hourly Chart <<<
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21040 & 21080 to remain as an important resistance.
>>> CNX-IT Daily Chart - Posted on 21st Feb, 2017 - Shorted <<<
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Posted on 21st feb, Price may correct and we have shorted also.
>>> CNX-IT Daily Chart - Holding Short <<<
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We are holding short still for a good correction.
>>> Performance for the month end of Feb, 2017 <<<
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Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision
