CUES-
--Nifty April future discount converted to premium of 1 point so cost of carry increased.
--Nifty open interest increased by 4 lacs suggests long addition.
--Nifty call option added 3 lacs and put option added 41 lacs.
--Put-Call Ratio increased to 1.54.
--3000 puts had open interest of 51 lacs, so it will be important level to watch for.
--Implied volatility decreased by 200 points suggests stability.
--India VIX closed at 36.53, decreased by 7% suggests stability.
--US markets closed in green.
--Asian markets trading positive.
--Sgx nifty trading at 3148. (Up 79)
--Positional strategy for nifty—Neutral. (Initiate long if closes above 3078).
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