- US Markets closed flat after a volatile session
- Asian markets mostly trading marginally higher
- SGX Nifty indicating flat opening with 10 points gain
- FIIs net sold shares worth Rs 1,926.77 crore while DIIs net purchased shares worth Rs 800.91 crore
- Taking cues from Nasdaq which finally managed to stabilize can result in some stability in IT stocks here
- Looking at OI 17,500/600 has highest Put OI indicating support around this levels and
- 18,000 has the highest Call OI indicating resistance around this level
- Bank Nifty will be very key to watch yesterday Bank Nifty shot-up almost 700 points from day low
- Any big movement in Nifty has to be led by Bank Nifty
- Nifty PCR 1.6 and Bank Nifty PCR 1.22