VG STOCK RESEARCH (SEBI REG. FIRM)
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(Prop. Vishal Gupta)
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In our less than 20 trading session earlier message we mentioned FII's net longs were 7.2-8% while Net shorts were expected to bottom out @2.52-2.70 lacs contracts from 23600 we saw 24774 in Nifty...

This time too we say "NEVER SHORT THIS DULL MARKET" Expect 26000 by coming
#Diwali

#CMP 24050

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Nifty now remains within the oversold zone with PCR near to 0.50 while FII's net longs near to 10% & Net Shorts now @2.50 lacs. Usually saturation comes with PCR oversold along with Net longs near to 8% & Net shorts within the 2.50-2.80 lacs zone.

Don't short this market

#Nifty @23640 #BankNifty @56800

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