● Nifty index opened positive at new life time high of 11495 and remained consolidative for most part of the session. It has been making higher top - higher bottom formation and every small decline is being bought in the market as supports are gradually shifting higher                         

● Now it has to continue to hold above 11435 zones to extend its move towards 11500 then 11600 zones while supports are seen at 11350 then 11300

● Max Put OI is at 11000 then 11300 while Max Call OI is at 11500 then 11600. We have seen Put writing at 11400 then 11500 whereas marginal Call writing is seen at 11700 followed by 11600

● India VIX moved up by 1.10% at 12.67. Overall lower volatility suggests that bulls are likely to hold the market

● Bank Nifty has been making higher highs - higher lows from last 4 trading sessions and made a new life time high at 28363 mark. It formed a Bullish Candle on daily scale and outperformed the broader index       

● Now it has to continue to hold above 28128 zones to extend its move towards 28500           

● Longs in Page Ind, PCJeweller, ACC, ICICI Bank, STAR, Axis Bank, Bank India and SBIN                         

● Shorts in Cummind Ind, Engineers Ind, KPIT and Hexawar