--February series will close tomorrow. ( January series closed at 2824)
--Nifty Feb. future discount decreased to 8 points thus cost of carry increased.
--Nifty open interest increased by 8 lacs suggests long addition.
--Nifty call option added 5 lacs and put option added 16 lacs.
--Put-Call Ratio increased to 1.11.
--implied volatility increased by 900 basis points suggests volatility.
--India VIX closed at 45.2, unchanged suggests instability.
--US markets closed in green.
--Asian markets trading strong.
--Sgx nifty trading at 2760. (up 32)
--Positional strategy for nifty—Hold short with closing stop loss of 2779. (Initiated at 2848).
