Good Morning
Global Setup is looking good but due to Internet issues market participants are waiting for positive news form government. Still FII is net sellers in cash market.. Since last few days FII is buying Index futures in small size and buying Index call is a good sign. But at the same time put buying & no put writing is not giving comfort to bulls. In stock future FII started profit booking in this pullback it means they are not comfortable with Index to stay long. So again with SL 10980 one can go long in Nifty... Index still in pull back mode and must cross to 11200 to complete it... So play for small profit on both side trade.
Big boys move is important to watch today