FII HAS BOUGHT ALMOST 2300 CRORE IN LAST TWO DAYS. BUYING MOMENTUM WILL CONTINUE FOR NEXT WEEK ALSO.
5600 PUT OPEN INTEREST ADDED 2765350 CONTRACTS AND 5600 CALL REDUCED 220250 CONTRACT. MEANS NEW LONG POSITION HAS BEEN ADDED IN NIFTY FUTURE.
NIFTY WILL FACE RESISTANCE AT 5700-5756 LEVEL IN NEAR TERM.
A MINOR CORECTION IS EXPECTED FROM THAT LEVEL.