FIIs are positioned in this Market:

The FII data shows that FII’s in Wednesday’s session have added call longs and covered put longs in good numbers. This means they have created bullish positions. The FII Long Short Ratio now stands at 37:63 (Rounded Off)

FII’s have sold big in the cash market. They have sold to the tune of 3064 crs in cash.

Technically 22150 is a strong resistance zone in Nifty.

Quick Nifty View for the Day:

Gift Nifty suggests market is expected to open positive on global cues. Technically 21970 and 22050 levels in Nifty will act as resistance zones while 21850 and 21770 levels will act as supports.