7 Key Points you should know before you trade on (01/02/2021)

1) Fii was in short position around -5930 cr in cash market while Dii was in long position around +2433 cr on last trading day.

2) But according to monthly report , Fii was in long position around +8930 in january month, which was the rare scenrio, mostly Fii will be in short or in mimimum size in long position in the month of january because of Budget event.

3) Promoters of Yarri Digital, ECS Biztech, Tokoyo Finance, Modern Insulators,Bajaj Electricals & Chromton Greaves were reported as increased their stake position in last few trading days.

4) The companies like SKF india ltd, KPIT technologies,Navaneet Education,Indostar Capital Finance,Maruthi suzuki ,Vakrangee ,APL apollo tubes & ABB power products has reported as higher delivered compamies on last trading days.

5) According to Nifty 50, It was in all time high in monthly time frame, along with it formed a shooting star pattern in january month & noted a bearish engulfing on the last trading day in daily time frame.

6) Same as Nifty 50, Nifty Bank was also seemed at all time high with spinning top in monthly time frame & Spinning top in daily time frame at lower high.

7) Finally, Expecting Nifty Auto & Nifty IT will open with huge gap today.

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