- US markets, Nasdaq closed at record highs
- Asian markets trading mixed
- SGX Nifty indicating a flat start with 8 points gain
- FIIs net bought shares worth Rs 666.66 crore while DIIs net sold shares worth Rs 1,287.87 crore
- Bank Nifty within 3% of life high need to watch very carefully
- Bank Nifty was up around 500 points but gave back so needs to be very careful
- Bank Nifty has been underperformer for quite sometime and breakout is expected any time soon
- Looking at OI 17,000-17,200 is the range for todays expiry
- Markets likely to consolidate and may trade between 17,000 to 17,500 in coming few days
- Weekly expiry today not expecting big moves as per OI and also first expiry without any extra leverage from brokers