Good Morning...
Yday as per Morning massage nifty not hold 9150 and profit booked at opening. Today also SGX shows some Gapup but now as per Charts Both Index at important Levels... So Breakout or Breakdown on closing basis will decide the trend.
Global Mix, News Flows & Expiry so it will again shows volatility, so play with options. Will focus on Stocks only. Y'day also we gain Rs.10,
FII & DII CM buying due to Airtel, in Derivatives FII covered 7.6k Index Short & 850 Longs, so Both Index in Premium, In stock Futuers 13.5k Long & 5.5k Shorts Covered, But added 16k Put Long is not good. Pro continue to add Index Long added 6k & covered 664k Shorts, but added 43k Call Short, So it's very Hard to Index give move upside. But still due to Global May Short Covering Triggered. So Wait for Clear direction & Entry. Nifty Roll Over in Next Futuers shown in Data.
Gail will be In watchlist today