chart shows the consolidation phase.
dotted lines are supports and resistance.
now let us see the data for today.
****nifty---3 april
nifty future premium increased to 13 points so cost of carry increased. open interest decreased by 5 lacs today.( today's trade dominated by short covering).
***options----3 april
nifty call options add 6.7 lakh and put options add 10.7 lakh in open interest. thus open interest put-call ratio increased at 1.26.
**** FII derivative data—2 april
FII buy 1583 cr index fut..(total sell of 1282 cr in april series). there open interest decreased to 7.82 lacs contracts.
FII buy 164 cr stock fut. .(total sell of 154 cr in april series). there open interest increased to 9.00 lacs contracts.
********fund flow***2 april
-FII sell 20cr in cash (total sell of 1311 cr in april series).
-mut fund sell 128 cr (total buy of 231 cr in march series).