:fii figures on 2/3/4 march=424/772/2786 lacs NET BUY
: market was @bove 9050 on 4th......
: so logically, market should have gone up subsequent to this "accumulation"
: but what happens in the next 12 trading sessions thereafter?
: market slips 500 points from 9050 to 8550!!!
: so much for the correlation of FII figures and market........
Guru Mysore: Yes
: stop watching all this (nonsense)?!!! self talk
Guru Mysore: But how will we come to know if tht net buy were frm index??
: let's talk logic....
Mudraa Guru Mysore: Wat if they had bot some other mid cap??
: correct.....we should have all the details.....
: ALL....
: not just simple breakup of cash vs index futures vs stock futures vs options.....
: even otherwise, operators can continue accumulation or distribution much longer than a retail trader can stay liquid after having depended on this info for hi/her trade
Guru Mysore: We r given only bits of info IMHO
: v no nothing
jeneel: Its like they are showing us what they want to show us. Not actual
: so, till the time we have all the info and the know-how to analyse it properly, we should dump this parameter......self talk
: so far, it is simply reduced to a zandu balm or tata salt on a retail trader's wounds of that day
: i mean the broad fii/dii trade volume info
: similarly, there are dozens of talks and parameters and news talk we are served that we lick all evening all night till the next day's opening bell which has no significant actionable value for the next day's casino royale setup
R: I have never understood option data nor FII / DII or DII Buy sell Figure.
R: That is why IMHO the first hour of trade gives ample clue for the day.I only look for this one hour.
: option data carries some meaning......but this fii stuff i tell u.....is like the "white money transaction list" of the black marketeers!
: they reveal peanuts and make us nuts thinking that that was all that was there
: so, we must not get mislead....
: market was @bove 9050 on 4th......
: so logically, market should have gone up subsequent to this "accumulation"
: but what happens in the next 12 trading sessions thereafter?
: market slips 500 points from 9050 to 8550!!!
: so much for the correlation of FII figures and market........
Guru Mysore: Yes
: stop watching all this (nonsense)?!!! self talk
Guru Mysore: But how will we come to know if tht net buy were frm index??
: let's talk logic....
Mudraa Guru Mysore: Wat if they had bot some other mid cap??
: correct.....we should have all the details.....
: ALL....
: not just simple breakup of cash vs index futures vs stock futures vs options.....
: even otherwise, operators can continue accumulation or distribution much longer than a retail trader can stay liquid after having depended on this info for hi/her trade
Guru Mysore: We r given only bits of info IMHO
: v no nothing
jeneel: Its like they are showing us what they want to show us. Not actual
: so, till the time we have all the info and the know-how to analyse it properly, we should dump this parameter......self talk
: so far, it is simply reduced to a zandu balm or tata salt on a retail trader's wounds of that day
: i mean the broad fii/dii trade volume info
: similarly, there are dozens of talks and parameters and news talk we are served that we lick all evening all night till the next day's opening bell which has no significant actionable value for the next day's casino royale setup
R: I have never understood option data nor FII / DII or DII Buy sell Figure.
R: That is why IMHO the first hour of trade gives ample clue for the day.I only look for this one hour.
: option data carries some meaning......but this fii stuff i tell u.....is like the "white money transaction list" of the black marketeers!
: they reveal peanuts and make us nuts thinking that that was all that was there
: so, we must not get mislead....
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