Nifty 50 IndexLong
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.
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