Good Morning
Yday Our view was to play for bounce & we capture a very good moves in both the Index as well as HDFC Bank & Reliance. Still 12k is very strong Resistance but this time hope will be 12200 & 25000 will break.
Index Roll Over may seen by you in Flow Charts. FII additions Index Shorts may be in Next Series.
FII was buyers in CM i.e. 3.5k Cr. In stock 2.4k Cr. Buying shows that now Stocks will active for next month.
FII closed 239 Index Longs & added 11.6k shorts, In stocks Futers 18.3k Longs & closed 9.6k Shorts (Roll Over Data given since last 2 days), In option 23k Call Long with 44.5k Put Shorts suggest that 11750-800 will be good support & 32k Put Long with 11k Call Shorts suggest that Expiry hedging
Pros Closed Index Long, Stocks Long & Shorts, In options out of 1.24 lac 83k call short closed yday only. with that 90k put shorts suggest that upside is open with 11800 support.
so today again will buy first dip, Keep Stocks in watchlist.