ilmscore | Why are FIIs selling aggressively? | CA Rachana Ranade

Predictions from this Video

Total: 5
Correct: 1
Incorrect: 3
Pending: 1
Prediction
Topic
Status
Nifty is expected to find strong support between 24,200 and 24,400.
"I think you should note this down very important point 24,200 to 24,400. This I personally feel is a very very nice support for the nifty right now."
Nifty Support Levels
Incorrect
24,400 is identified as a very strong support level for Nifty.
"24,400 looks like a very very strong support."
Nifty Support Levels
Incorrect
If 24,200 support is broken, the next support level for Nifty is seen at 24,000.
"24,200 as per 200 dema which is also a very good support. And if this is broken still 23,800 sorry 24,200 if that is broken 24,000."
Nifty Support Levels
Correct
With FII long/short at 8.58%, it indicates excessively short positions have been built up, suggesting an upcoming short covering phase.
"if you see right now it is at 8.58%. These are like extreme low levels when there were I mean even I think during co times also I mean see this is single digit it it can't go I mean long short okay so this means that excessively short positions have been built up and now there will be some point when there will be a short covering"
FII Futures Position
Pending
The additional 25% US tariff will be effective from August 27th, following a 21-day negotiation period.
"But this new tariff additional 21 uh additional 25% tariff will be applicable from 7th of August. Oh sorry from 27th of August he has given 21 days uh additional for some negotiations. So we are total direct report stand at 50% starting 27th August."
US Tariffs Implementation Date
Incorrect