1️⃣ FII Activity & Positioning
FIIs have bought ₹900+ Cr in the cash market, indicating renewed buying interest.
In the F&O segment, they have:
Reduced net index shorts
Reduced net index calls
Reduced net index puts
Overall, their positioning is now less bearish compared to last week, suggesting sentiment is gradually improving.
2️⃣ Global Market Cues
Global markets are largely neutral with a positive undertone.
There is visible relief in global sentiment, and most of the top 10 major economies’ indices are trading near their all-time highs, which boosts confidence in risk assets like equities.
3️⃣ Technical & Data View
On charts, the market structure looks strong, especially Bank Nifty, which continues to show relative strength. The broader setup supports a “buy on every dip” approach.
From a data perspective:
PCR at 1.17 – Indicates a healthy bullish bias
FII Index Long/Short Ratio at 27 – Suggests there is still room for further upside expansion
Overall tone: Constructive and positive.
4️⃣ Key Levels to Watch
Nifty
Support: 25,500
Resistance: 25,900
Bank Nifty
Support: 60,500
Resistance: 61,400 – 61,700
Holding above support zones keeps momentum intact. A breakout above resistance may trigger fresh upside momentum.
5️⃣ Our Stance
The market appears to be breathing easy, and the setup favors buying on dips.
However, focus only on:
✔ Stocks delivering strong results
✔ Clear price strength
✔ Proper risk management with strict stop-loss
Discipline remains key.