Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Nifty and Bank Nifty December Series Sentiment Analysis

49 sec read

Complete turnaround on the weekly sentiment of Nifty and Bank Nifty future weekly charts. Market holds the positive sentiment despite weekness in the asian market. FII are relentless sellers in the November month and DII are supporting the market with their relentless buying. The Reserve Bank of India (RBI) fifth bi-monthly monetary policy will be declared on Tuesday. Street expectation is that current RBI monetary policy is likely to be a non event.

Asian Market Last Friday
Asian Market
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FII-DII Data
FII data

Key Macroeconomics data to watch week ahead

passage of Goods and Services Tax Bill discussion with the opposition
GDP data for September to be released on Monday.
Automobile sales figure to be released on Tuesday
Manufacturing PMI data to be released on Tuesday
Service PMI data to be released on Thursday.

Nifty Weekly Sentiment
Nifty Weekly Sentiment

Stocks with Extreme negative and positive weekly sentiment
Stocks Weekly Sentiment

Sentiment is shown above and the value of the sentiment ranges between 0-100. Generally 0 represents extreme negative sentiment and the scale 100 represents extreme positive sentiment and high probable chances of reversal from the peak sentiment is possible. (The sentimental analysis data about stocks is for your study reference and observation about the market. Not a buy/sell recommendation though)

Bank Nifty Weekly Sentiment
Bank Nifty Weekly Sentiment

Overall market mood turned back positive despite FII selling pressure. Likely to be good turnaround for investing sentiment again as long as 7800 holds.

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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4 Replies to “Nifty and Bank Nifty December Series Sentiment Analysis”

  1. sir oversold stocks can cover fast if the market recovers fast? & will you please simlify EMA high & low importance given in front of every script please thanks.

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