Lets share our unusual patterns.
Today on 3rd Feb 2014 FII and DII were both net sellers.
This is an interesting pattern. When ever both are net sellers in equity segment, market tends to rise next day, and / or shows resilience to falling further.
Here is a record of 2013 and 2014 :
20 mar 2013
4 apr 2013
11 may 2013
6, 11, 17, 20, 24 june 2013
2, 3, 5, 8, 12, 17, 18, 24, 25, 29 july 2013
26, 27, 28 aug 2013
3, 13, 23 sep 2013
1 oct 2013,
21 nov 2013,
3, 6, 7, 24, 27 jan 2014
For these 31 dates, market stats are given below :
positive high - 12,
positive closing - 5,
found temporary bottom - 8,
Now you can decide what can happen tomorrow.
Note : FII + DII data is taken from moneycontrol website.
Today on 3rd Feb 2014 FII and DII were both net sellers.
This is an interesting pattern. When ever both are net sellers in equity segment, market tends to rise next day, and / or shows resilience to falling further.
Here is a record of 2013 and 2014 :
20 mar 2013
4 apr 2013
11 may 2013
6, 11, 17, 20, 24 june 2013
2, 3, 5, 8, 12, 17, 18, 24, 25, 29 july 2013
26, 27, 28 aug 2013
3, 13, 23 sep 2013
1 oct 2013,
21 nov 2013,
3, 6, 7, 24, 27 jan 2014
For these 31 dates, market stats are given below :
positive high - 12,
positive closing - 5,
found temporary bottom - 8,
Now you can decide what can happen tomorrow.
Note : FII + DII data is taken from moneycontrol website.