Nifty Day candle looks bullish but then the below data is strange
FII Net selling 170.10 Cr and DII Net Selling 296.99 cr
This is the first time DII has come into net selling instead of any holdings.
Last three trading sessions indicates DII holdings have begin to reduce. And today with no holding is to be noted for upcoming trading sessions.
So now every retail investor need to be carefull if you are taking any fresh positions.
Trading levels for 12.07.22
If 16283 is Broken then 16355 is Resistance
If 16169 is Broken then 16070 is Support
Iam anticipating shortly a fall which could take us back us 15300 Level and there has been a Gap to be filled.
So i don't see uptrend for some sessions and a correction will happen again...
I will update you levels during the trading sessions.
Happy Profitable Trading....
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