--New series will begin today.
--GDP data will be released today.
--Nifty March future discount decreased to 20 points thus cost of carry increased.
--Nifty open interest decreased by 75 lacs suggests short covering. (new series begin with OI of 2.75cr)
--Put-Call Ratio increased to 1.39.
--2700 put had open interest of 59 lacs, so it will be imp level to watch for.
--implied volatility decreased by 300 basis points suggests stability.
--India VIX closed at 39.87, decreased by 5% suggests stability.
--US markets closed in red.
--Asian markets trading mixed.
--Sgx nifty trading at 2758. (Down 13)
--Positional strategy for nifty—Neutral.
