💼 FII Activity
FIIs sold around ₹1100 crores in the cash market. In F&O, they reduced net index future shorts, cut down net index put longs, and also trimmed net index call longs. This reflects position adjustment rather than any strong directional conviction.
🌍 Global Sentiment
Global sentiment has turned slightly cautious. Global markets are showing a clear “risk-off” tone as US equity futures and major cryptos slipped, while safe-haven assets like gold gained strength. Concerns around upcoming Fed policy discussions, interest rate expectations, and currency/commodity volatility are keeping investors alert. Overall, the global environment is neutral to cautious, with traders avoiding aggressive bets.
📈 Market Structure
Domestic charts continue to show strength, and the cooling PCR indicates the market is coming out of the overbought zone. This creates room for further upside if buying interest resumes. Structure-wise, the trend remains positive.
🧭 Key Levels to Watch
-
Nifty: 26225 is the key breakout level.
-
Bank Nifty: 59850 remains the major hurdle.
A breakout above these levels can unlock strong upward momentum.
⚠️ Our View
Focus on buying quality stocks aggressively, but never enter trades without a strict stop-loss. Avoid overtrading until volatility stabilizes — discipline and risk management remain the top priority in this market environment.