Good Morning
Global Rallying with US Market so we going to break 10200 today...
So on Friday we told the important hour for index if break 10050 break exit Long while others was shorting the Index... We took long Positions & booked also. Now for today will wait for first dip to enter.
FII is a net buyer in CM i.e. 97 Cr. But in Derivatives FII added 3.3k Index Long with 8.8k Shorts, In stock futuers added 8k Longs & Covered 10k Shorts, Very Interestingly FII added 44k Call Longs with 20k Put Shorts which is suggesting upside till 10600 in coming days, Put Long 17k with 32k Call Short suggest hedge Positions, So FII support Index longs with Index call Longs, Pros also added huge Positions in options added 44k Call Long with 70k put shorts suggest strong support build at 10k and 43k Put Long with 46k Call Short suggest that Pros are ready for both side move.
So stay tuned we are still correct on Index move while others was on short. Our OCA signals are perfectly working. Keep watch option buildup in ATMs. Our 10250 CE given good move & today it will shoot.