NIFTY SPOT: 7510.20(+24.05)
Nifty future made low of 7447 and bounced sharply back and end in green with 24 points.
INDEX FUTURES:
In todays trading session FII used opportunity of dip to add INDEX LONG positions of 15726 contracts and 917 contacts of INDEX short positions covered by them. FII still bullish with INDEX.
INDEX OPTIONS:
FII added 13612 contacts of INDEX CALL LONG positions against minor 602 contacts of INDEX PUT LONG positions. FII bullish view continues.
Strategy: Buy dips if any for target of 7600.
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