FIIs net longs improves again – now at 37%, with the outlook for the session still reflects on the fact that Indices will outperform individual stocks…So focus on Index trade more comfortable.
NIFTY option chain shows 23000PE and 23200PE now aggressive by adding overall more than 2 lakh contracts each, with CE writers now extending their reach to 24000 strike decisively – more than 6.6 lakh contracts overall. The shift of upside positions definitely now gives strong hopes to BULLs.
Buying on declines till 23250/23180, Sl 23150, stay long for 23450/23600.
StockMarket #FinancialNews #Investment FIIs net longs improves again – now at 37%, with the outlook for the session still reflects on the fact that Indices will outperform individual stocks…So focus on Index trade more comfortable.
NIFTY option chain shows 23000PE and 23200PE now aggressive by adding overall more than 2 lakh contracts each, with CE writers now extending their reach to 24000 strike decisively – more than 6.6 lakh contracts overall. The shift of upside positions definitely now gives strong hopes to BULLs.
Buying on declines till 23250/23180, Sl 23150, stay long for 23450/23600 StockMarket #FinancialNews #Investment