Saturday, 26 November 2016

{LONGTERMINVESTORS} Sensex and Nifty charts have formed intermediate bottoms (Nov 25 '16)

Selling by FIIs abated a little during the week gone by. Their total net selling in equities was Rs 54.1 Billion, as per provisional figures. DIIs bought heavily. Their total net buying in equities touched Rs 61.9 Billion.

Both Sensex and Nifty breached their previous lows (the possibility was mentioned in last week's post), but recovered to gain about 0.5% on a weekly closing basis.

Read more at:

http://investmentsfordummieslikeme.blogspot.in/2016/11/sensex-and-nifty-charts-have-formed.html

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