- US Markets were closed yesterday
- Asian markets trading higher
- SGX Nifty indicating flat start with 17 points cut
- FIIs net sold shares worth Rs 855.47 crore while DIIs net offloaded shares worth Rs 115.31 crore
- Bank Nifty showing tiredness at 38,500 after recent run and Nifty just about 2% away from all time high
- Sectoral rotation clearly visible with Auto and IT doing well and just 1.6% away from new peak
- Bajaj Finance will be coming with results today
- Reliance comes with result on Friday and ICICI Bank on Saturday until then markets might consolidate
- Looking at OI 18,300/400 has highest Call Option OI indicating resistance around these levels
- 18,00, 18,100 and 18.200 have significant Put Option OI indicating support