--Nifty Feb. future discount increased to 13 points thus cost of carry decreased.
--Nifty open interest increased by 16 lacs suggests short addition.
--Nifty call option added 32 lacs and put option added 7.5 lacs.
--Put-Call Ratio deceased to 1.09.
--2700 feb calls added 100%(13 lacs) open interest with decreased implied volatility suggest call writing.
--2700 march puts added 40%(10 lacs) open interest with increased implied volatility suggest put buying.
--so 2700 is imp level to watch for.
--Over all implied volatility remains flat suggest uncertainity.
--India VIX closed at 45.21, increased by 5% suggests instability.
--US markets closed in red. Dow closed at 11 year low.
--Asian markets trading in red.
--Sgx nifty trading at 2689.
--Positional strategy for nifty—hold short with closing stoploss of 2799(Initiated at 2848)
