Friends,
The purpose of this thread is the consolidate information on the trading patterns of FIIs. Its common knowledge that they are the market movers in India (along with DIIs).
So to start with, here is what I beileve FIIs track for their investment purpose
Refer to the image to get a comparison on the DXY index and NIFTY. As you will observe that there is a negative co-relation between DXY and NIFTY. DXY started falling in Mar 09, and thats when market started heading up.
Now the open question - What could be the other considerations which are FIIs favourites?
The purpose of this thread is the consolidate information on the trading patterns of FIIs. Its common knowledge that they are the market movers in India (along with DIIs).
So to start with, here is what I beileve FIIs track for their investment purpose
- Monitor 50 DMA
- Track Dollar rate
- This is more than just USD-INR refernce. But, more to do with the overall position of Dollar in the World market. This is determined by Dollar Index, aka DXY. You could review DXY from http://www.marketwatch.com/investing/index/DXY
Refer to the image to get a comparison on the DXY index and NIFTY. As you will observe that there is a negative co-relation between DXY and NIFTY. DXY started falling in Mar 09, and thats when market started heading up.
Now the open question - What could be the other considerations which are FIIs favourites?
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