Good Morning
After Long weekend Global news are Positive, So SGX Nifty shows Gapup at resistance 9150, So at opening Nifty hold 9150 then 9200 Options writters will be on Risk... So option Chain Need to watch for First hour.
FII was net sellers in CM i.e. 1.3k Cr. DII also sold 344 Cr. But Derivatives FII given Bearish Signals, FII added 3k Index Long & 20.5k Shorts, Index Shorts added in Banknifty heavily.
In stocks Futuers 10k Longs & 20k Shorts suggest Roll overs happened on weak stocks on short Side. In Options 23k Call Long with 13.5k Put Shorts and 36k Put Long with 20k Call Shorts suggest that Index will be in the Range. But Pro is on Index Long added 5.3k Index Long & 1.6k Shorts, 25k Stock Fut Long & 10k Shorts, In options 37k Call Long with 24k Put Shorts and 28k Put Long with 53k Call Shorts that Expiry will be show volatility.
So book Longs at opening and wait to cross 9180 for Long or Short with SL 9200.
Still we focus on stocks.