FII positions spacially at Singapore exchange are extra ordinary bullish...
Last few days chartiest.analyst on tv shown dream of retailers for 13800 ..14000 and some went to extent of
13600
Which has resulted accumulation in index put position between 14000 to 14500 ..appox 2 crore
It is under stood retailers are siting with huge puts ...all has come under trap.
FII are ready to trap...FII selling in cash is to misguide and same time created 5 time more index long at sgx..