10-11-09 trading shows that nifty faced resistance at 4930 zone and lost some ground before close at nifty 4982-16 points.

• FII data more buys in cash, stocks futures and index futures.
• F&O nifty futures sheds open interest.
• Option writings: more call writing at 4900 and puts shedding at 4900 puts.
• US markets are flat.
• Global markets are flat to positive.
• SGX nifty positive.

Over all view: As seen from FII data more longs are being added by them means this correction is only temporary one.  The final journey as expected is to long side. Else, the signals in F&O should be seen in today's trading.