FII/FPI are the aggressive net sellers during the last week trading session. Last week Nifty futures had made a low of 8020.55 followed by a sharp reversal and the hourly charts is in prolong downtrend with the resistance zone comes around 8343.25. Currently the falling momentum suggests a possible weakness in the uptrend in the very near term.
Budget 2015 event is nearing and it is time to study which is the best sector to invest. We use RRG Graph to study the Relative Study and Relative momentum with Indian sectors using S&P Nifty as benchmark index. This video tutorial will provide you interesting insights about RRG Study and it attempts to identify the strong sectors with strong momentum. And also we study we are the sector to avoid investing in the near term.