fii's are lions of this jungle......it pays to try and read their pugmarks.......what they are doing viz. a viz. what eh market is doing and may do......in this thread i will be sharing my views on the pugmarks i see.....
19 march , EoD
now this is very amusing!
despite the scary fall for third straight trading session
fii's are again net buyers (160crores)
amazing!!!
they are obviously not buying non-stop to lose! enough hint from their pugmarks!
(and imagine.....dii's have been net sellers since days and weeks.....the day they turn buyers can't be too away!)
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last week i said
"16mar EOD
would you believe this!!!
market lost lot of promised ground on 14th, yet fii's bought 1659crore worth stocks!
market fell approx. 100 points on 15th, yet fii's bought 156 crore worth stocks!!
market fell approx. 100 points from top on 16th (today), yet fii's bought 883 crore worth stocks!!!
if they are shopping (and not selling) at 5500, 5400 and 5300, are they doing so to lose by letting the market fall?
no way! "
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