July 5/25
Global Dow closed -77 points (0.3%) yesterday. Was mostly flat the whole time. Dow Futures are flat to positive. Most Asian markets are flat to positive. HongKong markets are up 2.57%. SGX is in green with 73 odd points. Option chain There was call unwinding on 10400 and below strikes. Signifying short-covering. And, there was good writing of 16L, 13L on 10300 PE and 10400 PE strikes. These will act as very good support today. Yesterday, there was put OI increase of 2L each at 10450, 10500 also. And, some call unwinding at 10500. Only 30k. It can turn out to be an interesting expiry. ATM strike premium net is 114. So 10316 to 10544 On Nifty Bank, there was short-covering on 22000 CE but the bears defended 22000 yesterday as HDFCBank fell down sharply in the last 30 minutes. It's still a significant resistance with 5L OI. FnO Data The biggest number is put long by Clients. Second is put short by Pros with other positions as bullish. Signifying a flattish opening. FIIs covered their ...