- US Markets closed Flat on Monday
- Asian markets currently trading mixed
- SGX Nifty indicating positive start with 60 points gain
- FIIs net bought shares worth Rs 424.74 crore while DIIs net purchased shares worth Rs 1,524.67 crore
- FIIs are long about 50% in F&O
- Looking at OI 18,200 has the highest OI in call option indicating a stiff resistance around 18,200
- Nifty currently moving in a very short range with huge volatility clear range between 17,800-18200
- Any dip in Metal stocks particularly TATA Steel, Hindalco and JSW Steel will be good opportunities to buy
- Nifty PCR 1.11 and Bank Nifty PCR 0.83