Balaji Follow As a trader,speculator and Investor- Balaji have more than a decade of experience trading commodities, stocks and Fixed income securities including as a senior trader with Vexes capital.He also mentors or teaches investors, traders about Financial markets and provide professional training for individuals combining Institutional experience with a technical grasp of seizing market opportunity. Since leaving the Vexes capital and Newyork city,Balaji has been working as Trading coach along with presenting seminars and writing for a number of publications.

Inter-Relationship is Shifting – FII’s in control of Nifty?

February 17, 2015 28 sec read

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The chart above depicts three assets:
1. USD/INR 2.BANK NIFTY 3.NIFTY
Their Inter-Relationships providing an excellent picture of present market situation and dominant player in control of the present market scenarios

Since strength of INR (Falling USD/INR Chart) is more or less vertically followed by rising Nifty and Bank nifty –it is safe to assume that FII’s are dominant in present market situations and more likely, USD Fluctuations are prone to create risks in the above mentioned assets.

It is better to keep an eye of global market situations especially US Economic reports and other aspects to gauge risk sentiments.I am expecting Market’s will be more or less range-bound this week until any substantial event affects the market participants..