Good Morning
Nifty finally hold 11200 support and hit 11300 BNF must hold 28k to continue sentiments. Global setup is good. FII is net buyers of 750 Cr. In Index futures FII added ONLY 3k Longs & Cover 5k Short. 3.5k Longs covered & 4.3k Shorts added. In options FII added 17k Call Longs & 18k Call Short. With this FII also added 17k put short. Which is suggested index will be in range. PRO is on more on call short side than put short. So 11400 need to cross with good volume.
Watch option chain to see OI buildup in 11300 & 11400 strike price.
We will be buyer in first dip with SL 11230 intraday & 11180 Positional SL