FIIs Activity
FIIs were net buyers with ₹360+ cr inflows in cash, indicating fresh confidence in equities. Alongside, they covered a significant chunk of index calls & futures, which reduces overhead supply pressure and supports near-term upside.
Derivatives Positioning
Overall PCR stands at 1.14 – this signals that put writing is higher, but also shows the market is getting into an overbought zone on shorter timeframes like hourly. This calls for caution, as sharp profit booking can’t be ruled out.
Momentum & Sentiment
Broader momentum is firmly positive with buying visible across sectors. However, the pace of the rally in the past few sessions has been steep, which makes markets a little stretched in the short run.
Key Levels to Watch
Nifty is now hovering near its 25,500 resistance zone. Sustaining above this level could trigger further momentum, while repeated rejection here may lead to short-term consolidation or minor pullback.
Our View & Strategy
The broader trend remains upward, so traders should look at buying on dips rather than chasing rallies. Stick to strict stop-loss discipline, avoid over-trading at higher levels, and position sizing will be key for risk management.
