Good Morning
Expiry + RBI Policy so important day...as I said y'day Index is at bottom of Up Channel & Index should bounce it's happened. Again we will wait for first dip & then we will search for Stock Index may muted till policy. FII again net seller in cash in derivatives booked 2.5k Longs & added 6k Short.. Note FII exiting from Index since some days. In stock futures added 2k Longs & added covered 7k Shorts. 7k Longs Put covered added 5.6k Put short plus 6k Call Long suggest bullish setup but for small upside. Y'day also I question that will FII forced Pro to go back foot... Pro Covered 24k Call Short and added 61k put short. Our Sunpharma, Lupin given Superb returns & Last hour Index Call was also hit high.
Today all Banking stock in watch list.