22-9-2009 trading shows that the controlled rise was still on and nifty closed at 5020+44 points. A close above 5000 created history. Even the settlement jerks to downside were not given till today.

• FIIs bought in cash, bought in index futures, sold in stocks futures.
• Consistent buying by FIIs in cash is a bullish phenomena to be continued.
  
• F&O nifty futures OI 10 lakhs added.
  
• Options writings 5000 puts 9 lakhs added and 5100 calls 8 lakhs added.
• US markets are +ve but Global cues are -ve.
• SGX nifty +ve.

Overall view: Nifty Open interest is concentrated at 5000-5100 and nifty may close in between these levels for settlement. Addition of Open interest in nifty futures is bullish indication and as expected one may buy 5200 calls of next month. (October range is 4800-5300 expecting markets to touch both the levels.)