- US Markets closed marginally higher on Wednesday
- Asian markets trading mixed in the morning hours
- SGX Nifty indicating a gap-up of 80 points
- FIIs net sold shares worth Rs 579.27 crore while DIIs net bought shares worth Rs 1,735.50 crore
- FII long exposure now at 73%, Huge Put writing yesterday
- Nifty now testing 20 DMA 17473 need to see its going to halt here or make fresh moves above 20 DMA
- Bank Nifty 20 DMA at 37161 and already slightly above the level
- Looking at OI 17,400 has highest put writing indicating some kind of support
- Weekly expiry after 4 days of pure trend days todays expiry could be very volatile
- Nifty PCR 1.07 and Bank ifty PCR 0.77