Data Watch  NSE 25986 – 4/12/25

Range 26136–25894

1. FIIs net long 14.08%
2. PCR 0.69
3. VIX 11.21
4. FIIs sold 3207 cr, 2633.20 cr in index futures & 2592 cr in stock futures.
   Directional selling totals 8433 cr — huge selling even after exceptional GDP data. As mentioned, the IMF report has nullified the numbers. FII selling is a concern now.
   DIIs bought 4730.40 cr.

Open Interest Data

A. FIIs booked profit in 1107 lots & created 12503 short lots.
B. DIIs exited 4969 lots & created 4259 shorts.
C. Retail added 12850 lots & covered 4330 shorts.
D. Pro bought 3299 lots & covered 2359 shorts.

Note

FIIs net long dropped sharply from 18.8% to 14.08% — a fall of 4.8% in two days, that too after the 8.2% GDP print.

FIIs created huge short positions along with DIIs, while clients created large net long positions.
Last 3 days:
• FIIs created 22140 short lots
• DIIs created 8997 short lots
• DIIs net short last three days 1657
• FIIs total net short stands at 17981 lots

PCR at 0.69 — any fall of 80–100 pts will drag PCR to 0.55–0.60, which will trigger buying at least for intraday.
FIIs net long has fallen sharply from 18.88% to 14.08%. Historically, FIIs start covering shorts when their net long approaches ~90% shorts.
Hence any major dip around 26843–26723 will be a strong support and buying zone.

Intraday Levels

Buying Zone:
25866–25843 with SL 25794
Target 25944–25986

Scenario 2:
If Nifty trades above 26035, short covering likely up to 26082–26136
SL 25986