BANK NIFTY - 15 MIN CHART - 25.08.2022 - BAHAVAN CAPITAL

BANK NIFTY as per 15 min Chart. Below follows my observation

FII Net Buying was at 23.19 Crores and DII Net Selling was at 322.34 Crores. comparatively then Yesterday and it looks more weaker.

If market opens Below 38795 then Support at 38652 / 38584 / 38413 / 38243.

If market opens Above 39187 then Resistance at 39298 /39398 /39442 / 39506 / 39670.

Why did FII Net Buying had been drastically been reducing and DII continued Selling every day ? Why are they are rising the market when both are not even into Net Buying ?

Till today market is holding up and tomorrow hopefully will be a deciding day for the market movement to uptrend or downtrend.

Happy Profitable Trading to all...
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Declinazione di responsabilità