💼 FII Activity
FIIs delivered strong buying with more than ₹4700 crores pumped into the cash market — the highest in many days. In F&O, they reduced net index shorts, completely covered their index call shorts, and even built fresh call longs. They also trimmed net index put positions. Overall, their derivatives positioning now reflects a clear bullish shift.
🌍 Global Sentiment
Global sentiment remains firmly positive, driven by the unstoppable bull run in US markets. The strong momentum in the US is providing powerful upward traction to global equities, sustaining broad-based “teji” across markets.
📈 Market Structure
The market structure is still healthy, but the overall PCR at 1.40 signals that the market is entering an overbought territory. This typically indicates the possibility of a mild pullback, especially in the short term.
🧭 Key Levels to Watch
Charts continue to look strong, but with Sensex monthly expiry ahead, the market may consolidate between 26100–26350. Short-term indicators show overbought conditions, so a small dip cannot be ruled out before the next leg up.
⚠️ Our View
This is a market to bet aggressively on quality stocks, especially strong fundamental names. But strict stop-loss discipline is mandatory — do not take trades without an SL in the system.