there is addition of 7 percent to futures open interest at premium.thus now all shorts are cleaned shorts provide platform on slide and this happened in morning session.now even though trend is bullish v shape rise should tone down by 50 percent thus fall of 50 points is expected.it should settle around 880 levels.
shorts are again entering and 7 percent increase in open interest morning tomorrow downside is seen.i am trapped in 800 put at 12 and want to get out as it is out of money and neutral level seems to be 820.if severe fall is there it may touch 750.tendency of investors is shifting to mid and small caps which in long run is not good sign to sustain market levels as without a leader move fizzles out.
| NIFTY 
