Overall data shows some negative, towards some low before an upmove. Rbi meet and cabinet meet nearby play safe. Today Nifty touched gone below 11984, but some good buy happened at 11995 in future rate and witnessed some up towards 12k mark. Below 11984 we may drift to 11940/11880/11800 levels. Try adding January calls in dip towards 11800 range. Also FII cash data last three days negative. Bearish data for some days as long as 12150 not takes out.
