--nifty feb future discount decreased to 7 points thus cost of carry increased.
--nifty open interest increased by 16 lacs suggests long buildup.
--nifty call option added 18 lacs and put option added 49 lacs.
--put-call ratio increased to 1.21.
--India VIX closed at 42.10, decreased by 2% suggests stability.
--US markets closed in red.
--Asian markets trading sideway.
--high court order in RIL case will be positive for market.
--Sgx nifty trading at 2840. (-21)
--open interest gainers—biocon, JP associates, jet airways, gvk power, indiabulls real estate.
--open interest losers—dabur, hpcl, aurobindo, obc.
--positional strategy—hold longs in nifty with closing stoploss of 2778.
