Good Morning
Our Second Target Achieved now final tgt will be 11240. FII bought 1.7k Cr. In CM After long time. Both Index was in discounts & Nifty is strong but our OCA was shown BNF was strong now today BNF will Gapup.
Today positional SL 11000 then 10950 will be important Levels.
FII added 1.4k Index Long & 3k shorts in stock futures 352 Longs & 5.7k Shorts in options 17k Call long with 3.5k put shorts & 21k call short with 5k Put Long suggest less intersted at 11k.
But Pros are more active with 5.4k Index Long & 284 shorts, added stock futures 4k Longs & 5.6k Shorts, in options 14.8k Call long with 55.7k put shorts suggest downside is limited 26k put long 50k call short suggest Expiry setups.
From some days FII shorts was trapped by Pros. We have Axis Bank Call let's see what will happen to it.
Opening above 11100 should wait to settle the market... Keep watching OCA for Trend