Good Morning
Expiry was on bullish note now just 200 points to hit our 2nd Target, Many You Tuber is still Shorts on Index but now they are trapped. The Reversal Level of Nifty may be 11180 so till then Holding Longs. 10820 in spot need to cross & hold to hit above target.
FII was buyer in CM i.e. 212 Cr. In Derivatives FII added 15k Index Long (2nd Day above 10k) & covered 1k shorts, 11k long stock futures was booked by FII, Option is ignored due to expiry. FII long is now 32.39% & Shorts 16.9%.
Pros added 1k Index Long & 3k Shorts, in stock futures 1k Longs & 5k shorts Pros Index Long 8.71% & 15.42% Shorts.
Note that only high beta stocks pulling Nifty so cautions at top.
Now Long above 10825 spot or buy in first dip near 10760. Below 10710 will not buy