In an earlier message, British Prime Minister Boris Johnson urged Britain to seize the moment as the country embarks on a new journey as an independent global trading nation.
Bulls enter New Year with rollover of long positions in January 2021 series
Rollover stood at 75.94 percent, which is in-line with its quarterly average of 75.59 percent. The overall data indicate that the longs are still in the system and some more steam left on the upside. January 01, 2021 / 09:18 AM IST
Bulls are reluctant to give up and as a result, Nifty50 touched a record high of the 14,000 mark. The last series of 2020 started with long positions in the system and the Bulls kept on adding fresh longs.
The uptrend is so strong that most of the intraday dips were getting bought quickly. Barring a sharp sell-off on 21 December, we haven’t noticed the existence of Bears in this market.