Too much cash to drive the market and to wait for the FIIs.
Now, Nifty might be on the verge of seeing new highs and heading towards a big and a new target as long as it holds 10041.
If today Nifty trades above 10041 it would be time to go long. So keep your eyes on the price action and if by the end of the day Nifty trades above 10041 then Go Long right before the closing minutes. Its all about the momentum right now that has been built by the DIIs, way to go!
Currently, is at 1.37.
The addition of OI in 10100 PUT saw a rise over a million and the 10100 CALL lost almost the same number of OI, so that says something.
Well, The FIIs have some better opportunities elsewhere.