As many of you know, we treat the month of March a bit differently than most months purely because of the quarterly and the yearly window dressing seen in the markets over the past few years.
If you have been tracking this story alongside us from an earlier post we had mentioned on march 12th :
” I’ll like to break the remaining part of this series into two parts, with the trend being mild to moderately bearish for the coming week and a shift to mild bullish as we come closer to the expiry week”
With the highs of the series being less than 12 points away ( current highs of the day are 5599), it’s important to step back and look at where the futures are for the entire series.
We have noticed big volumes coming at the close and have not really been surprised at the gaps we have seen over the past 100 points.
NAV management will continue to be the theme for the remainder of the series.
