Swastika Investmart Limited: Derivative Technical Report 09 April

Market Internals

FII’s were net buyer in cash market with amount of 703cr.
DII’s were net seller by the amount of 1080cr in cash market.
FII’s were net buyer in index future by amount of 98cr with 2% rise in open interest.
Aggressive writing was taken place at out of the money put option even at weak days; & there is complacency that market won’t fall too much from here while upside is open to 7000.
India VIX has surged sharply as short covering was seen in call option & some fresh buying were moreover taken place.
SGX nifty is showing a gap opening of approximately 50+ points even global market are not so satisfactory yet significant to watch out this gap will sustain or not as in last few days first half witness selling pressure.
Rupee is Juggling with 60 mark where dollar index has slipped below 80 mark placed at 79.8.

Swastika Investmart Limited