Here's a look at the March futures and the Delta chart.
The chart above is from Feb 20th till current time- 12.00 noon.
New auctions begin from single prints or balanced profiles and since delta is most useful till about 10 days back I have kept Feb 20th as the starting point for this chart.
As the chart shows the Future is already down 200 points from that level, giving us enough inventory to judge whether they will cover or add as we approach the budget session and Feb expiry.
Chart shows a lot of shorts coming in march from 5913 levels.
This could be rollovers using 5913 as the reference point .
It's also the near the current dpoc for this instrument.
Through March that level of 5913 will be used by sellers as a pivot.