Ahead of the RBI policy announcement on rates, the FII’s stayed non- directional in their commitment for this April series after being aggressively long through March
So far in the 1st 2 days of the new series we have 22795 Index Future long contracts created against 19076 short contracts.
Short Puts continue to be added.
My eyes would be on the stock futures longs and shorts as they many times signal a reversal in bias ahead of even the much preferred option route.
So far 2 days of long addition in stock futures.