Short Squeeze in Nifty on the day of the 2021 Union Budget
Just a week before the Union Budget, the market sold off sharply. Everyday DII's & FII's started selling huge quantities.
This made the overall market sentiment very bearish.
Everyone started going short and the sentiment suddenly shifted to positive. This lead to a short-squeeze.
This made the overall market sentiment very bearish.
Everyone started going short and the sentiment suddenly shifted to positive. This lead to a short-squeeze.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.