Zubu Client Sentiment Nifty50 Report:
It is a Post Market Analysis, by which one can understand Retail trader’s sentiment and discover who was going long and short, the percentage change over time, and whether market signals are bullish or bearish.
Nifty50: Retail trader data shows 49.96% of traders are net-long ,while the number of retail traders net-short was 50.04%.
FII’s unwind-ed huge longs -24618 & created huge shorts 27322, while retailers also created decent longs 1924 & unwind-ed huge shorts -27394.
- September expiry range is 11250 -12050
- Medium term trend – Till Nifty is holding above 11086 on weekly basis we can stay long on Nifty