FII'S Hedge their positions as per their requirements the Data may surely help to some extent for exp. if they bought Jan. Nifty Fut. they would have hedged their position in option even in March. 2012 so it`s prudent to look for current moths option indicators to get some idea where the market is heading
Presently Nifty got stuck in a range because of huge accumulation at 4700 puts and 4800 calls at some point of time either off this will give way for the market to move ... that data indicates market to move up rather go down expect that to happen in couple of days. These data can change drastically during the course of any trading day
According to these data's close to 4900 is the resting point as on date let us wait and see what future unfolds... i made it very clear i don't trade in these kind of tuck of war Zone
Presently Nifty got stuck in a range because of huge accumulation at 4700 puts and 4800 calls at some point of time either off this will give way for the market to move ... that data indicates market to move up rather go down expect that to happen in couple of days. These data can change drastically during the course of any trading day
According to these data's close to 4900 is the resting point as on date let us wait and see what future unfolds... i made it very clear i don't trade in these kind of tuck of war Zone