-India VIX closed at 49.24.-it breaks the resistance on upside which is very bearish.
SUMMARY-
--Nifty Feb. future discount decreased to 19 points thus cost of carry increased.
--Nifty open interest decreased by 1.1 lacs suggests short unwinding.
--Nifty call option added 7.5 lacs and put option added 32 lacs.
--Put-Call Ratio increased to 1.07.
--India VIX closed at 49.24, increased by 12% suggests uncertainity.
--US markets closed in green.
--Asian markets trading in green.
--Sgx nifty trading at 2792. (Up 21)
--Open interest gainers—Zee, NIIT, DLF, Educomp, Grasim.
--Open interest losers—GSPL, Dena bank, Polaris.
--Positional strategy for nifty—neutral.
