1️⃣ FII Activity & Positioning

FIIs have bought ₹900+ Cr in the cash market, indicating renewed buying interest.

In the F&O segment, they have:

Reduced net index shorts

Reduced net index calls

Reduced net index puts

Overall, their positioning is now less bearish compared to last week, suggesting sentiment is gradually improving.

2️⃣ Global Market Cues

Global markets are largely neutral with a positive undertone.

There is visible relief in global sentiment, and most of the top 10 major economies’ indices are trading near their all-time highs, which boosts confidence in risk assets like equities.

3️⃣ Technical & Data View

On charts, the market structure looks strong, especially Bank Nifty, which continues to show relative strength. The broader setup supports a “buy on every dip” approach.

From a data perspective:

PCR at 1.17 – Indicates a healthy bullish bias

FII Index Long/Short Ratio at 27 – Suggests there is still room for further upside expansion

Overall tone: Constructive and positive.

4️⃣ Key Levels to Watch

Nifty

Support: 25,500

Resistance: 25,900

Bank Nifty

Support: 60,500

Resistance: 61,400 – 61,700

Holding above support zones keeps momentum intact. A breakout above resistance may trigger fresh upside momentum.

5️⃣ Our Stance

The market appears to be breathing easy, and the setup favors buying on dips.

However, focus only on:

✔ Stocks delivering strong results

✔ Clear price strength

✔ Proper risk management with strict stop-loss

Discipline remains key.