-------VIX closed at 40.25 breaking downward trendline. so volatility will be very high in coming days.CUES-
--Nifty April future premium decreased to 10 points so cost of carry decreased.
--Nifty open interest decreased by 19 lacs suggests long unwinding.
--Nifty call option added 26 lacs and put option added 29 lacs.
--Put-Call Ratio decreased to 1.48.
--2900 puts had open interest of 44 lacs, so it will be important level to watch for.
--implied volatility decreased by 100 basis points suggests stability.
--India VIX closed at 40.25, increased by 8% suggests instability and uncertainity.
--US markets closed in red.
--Asian markets trading negative.
--Sgx nifty trading at 2999. (up 4)
--Positional strategy for nifty—Neutral. (trade intraday only)
