Watch the FII inflow

FIIs have pumped in 7700 cr in June, 8300 cr in July, 7200 cr in August and 7000 cr in Sept till date. We have analysed FII inflows/outflows since the time data is available and the market movements clearly rise and fall along with the FII inflows and outflows. More on this later - but for the time being FIIs are pumping in money in a big way and as long as that trend continues the Nifty is headed in one direction - upwards!