Data Watch – Nifty 26068.15

1. FIIs’ net long is @ 11.50
2. VIX is @ 13.63 (+12.27%)
3. PCR is @ 0.96
4. FIIs sold Rs. 1766 cr in cash, Rs. 822 cr in index futures & Rs. 560 cr in stock futures
5. Open interest positions:
   A. FIIs created new shorts in 2674 lots & booked profit in 1608 lots
   B. DIIs booked profit in 5791 lots; no short positions created
   C. Retail clients booked profit in 520 lots & created shorts in 3615 lots
   D. Pro created long positions in 19591 lots & shorts in 5383 lots

Note:
FIIs’ net long position fell sharply from 12.8 to 11.5 in one day. After small, hesitant buying and some short covering, FIIs created net shorts, and DIIs also booked profit. Pro created heavy long positions along with sizeable shorts.

The market corrected on profit booking (long unwinding), global cues, and negative commentary on U.S. rate-cut expectations. Weak U.S. jobs data later revived rate-cut hopes, with odds rising from 39% to 71%. The next Fed policy review is scheduled for 10th December 2025.

We clearly mentioned that profit booking was likely as PCR and daily RSI were in the overbought zone. Any dip remains a buying opportunity. The jump of 13% in VIX on Friday indicates higher volatility ahead.

Important support zone for Nifty: 25957–25856
Any dip into 25850–25820 is a buy with SL 25707 and tgt 26166–26244 (weekly trade).

Scenario 2:
Buy Nifty if it crosses 26137, SL 29077 (likely 26077? — retaining original), tgt 26229 intraday.

Any dips around 25950–25920 are a buying zone with SL 25870 and tgt 25035–25089 (retained as provided).

All levels are spot. Please trade only after the first 30 minutes, as mentioned in our Data Watch.