13-11-09 trading show that markets took support at 4918 previous day and continued the upward journey. Nifty closed at 5000+47 points.
- FII data more buys in cash, stocks futures and index futures.
- F&O nifty future added further means addition of longs.
- Option writing shows that more puts added and calls shed open interest.
- US markets are bullish.
- Global cues are bullish.
- SGX nifty is in green.
Over all view: as seen from FII data and F&O data markets are preparing for upper breakout for creating new highs in this week. If any one wants to buy calls they can do with stop loss 5000 else wait for correction in the 2nd half of the week and go for calls for markets zooms in the next week.
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