Options data:
5200CE: 61L OI up 14%
5100CE: 58L OI down 1% ==> Resistance
5100PE: 21L OI up 2%
5000CE: 36L OI down 9%
5000PE: 49L OI up 2%
4900CE: 26L OI up 5%
4900PE: 64L OI up 18% <== Support
4800PE: 63L OI up 7%
Conclusion: Calls covered at 5000 says upside is definitely possible. Still 5100 the resistance - need to see if calls will be covered @5100 and puts will b written @5000 today.
World markets:
S&P500 up 2.5% - but what is has not even managed to do is reach high of Friday. Similarly Europe closed flat from lows of the day.
FII data:
Index futures: 174Cr SELL
Index Options: 884Cr BUY
Stock futures: 390Cr BUY
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