CUES-
--Nifty April future premium remains at 13 points.
--Nifty open interest increased by 12 lacs suggests long addition. (Total OI 4.38 cr which is dangerous)
--3200 puts had open interest of 37 lacs and 3400 calls had open interest of 32 lacs, so 3200 and 3400 will be important levels to watch for.
--India VIX closed at 43.54, unchanged suggests instability.
--US markets closed in green.
--Asian markets trading mixed.
--Sgx nifty trading at 3393. (up 33)
--Positional strategy for nifty—Book 100% profit in long position. (Initiated at 3211)