FIIs sold Nifty worth Rs. 1,154 cr, while buying Rs. 68.19 cr in Bank Nifty.
- FIIs’ net long position stands at 7.7 percent.
- VIX is at 11.63, up 3.93 percent.
- PCR is at 0.89.
- FIIs sold Rs. 3,638 cr in the cash segment, Rs. 1,227.80 cr in index futures, and Rs. 891 cr in stock futures. DIIs bought Rs. 5,839 cr in the cash segment.
- Open interest positions:
A. FIIs bought 1,319 lots and added 8,665 lots on the short side.
B. DIIs covered 282 lots on the long side and covered 412 lots of shorts.
C. Clients added 3,844 lots on the long side and covered 874 lots of shorts.
D. Proprietary traders covered 1,548 lots on the long side and covered 4,046 lots of shorts.
Note: Despite some short covering, FIIs did not cover their shorts and FIIs’ net long position remains unchanged. Proprietary traders covered shorts and added some long positions.
FIIs have created fresh long positions in stock futures over the last two days, amounting to Rs. 1,776.50 cr, which may lead to stock-specific movement. As highlighted earlier, the approach should remain stock-specific.
As per the option chain, maximum CE writing is seen at 25,900 followed by 26,000, while maximum PE writing is placed at 25,700. The expected range for the day is 25,675–25,930.
Intraday levels:
- If Nifty trades above 25,843, it may move towards 25,900–25,951. SL: 25,790.
- If Nifty trades below 25,736, it may slip to 25,683–25,630. SL: 25,790.


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