Data Watch NSE: 25,665 – 16/01/26

FIIs sold Nifty futures worth Rs. 404.25 cr and bought Rs. 210.97 cr in Bank Nifty.

1. FIIs’ net long position stands at 7.7 percent, unchanged.
2. VIX is at 11.32, up 1.07 percent.
3. PCR is at 0.67.
4. Open interest positions:
   A. FIIs added 305 long lots and created 1,784 short lots.
   B. DIIs added 1,696 long lots and covered 636 short lots.
   C. Clients added 236 long lots and covered 236 short lots.
   D. Proprietary traders covered 1,244 long lots and created 81 short lots.

Note: FIIs’ net long position has remained unchanged at 7.7 percent for the last three days. PCR at 0.67 indicates an oversold zone. No major short build-up was seen, with only around 1,861 short lots created.

Overall data indicates the possibility of a gap-up opening.

Intraday levels:

1. If Nifty trades above 25,723, it may move towards 25,777–25,831–25,887. SL: 25,679.
2. If Nifty breaks below 25,595, it may slip to 25,555–25,550. SL: 26,046.
3. On dips around 25,475–25,445, consider adding with SL: 25,423 and targets of 25,573–25,598.