Good Morning
Finally as predicted 24200 hit yesterday & closed Positional Long in BNF. This time BNF catch the pending rally now both Index is not t having any gap. Nifty waited for BNF & now 12200 & 25000 will come ?
FII Long & Shorts Positions is having 20% difference.
FII was net buyers in CM i.e 1656 Cr. DII continue to book profits. In Derivatives FII added 2k Index Longs & 218 Shorts in stocks Futuers 2.7k Longs & 6.7k Shorts in options 14k call Long with 9.4k put shorts and 10k put long with 15.8k Call Shorts suggest 12k will be hurdles.
Pros added 2k Index Long with 1.3k shorts covered in stock futures added 3.7k Longs & 8.5k Shorts but in options 71k Put Shorts with 28k Call Long suggest that 11800 will be good support 32k call shorts with 36k put long Suggest that swings will come till 22nd Expiry
So wait for good levels to Enter OCA members making good money
Now avoid OTMs it will Meltdown very fast.