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PSU Banks result shows that huge in-flow will not bring better performance unless there is an operational efficiency. Market will focus on only budget now.

Time: 8:50 am                                                   FII: -26c DII: -175c Nifty ·         Not much amount to analyze DII and FII data. ·         Except ITC, all other stocks are in mild bearish. ·         IT Stocks are under the feet of trump words. ·         There was no special discount for Banknifty hereafter as few banks

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Though Market gets consolidated, there is no significant short in major scripts. Nifty stands on the shoulders of Banknifty.

Time: 9:07 am                                                   FII: -132c DII: +379c Nifty ·         Not much amount to analyze DII and FII data. ·         Consolidation happens due to tiredness of major heavy weight stocks. ·         Still ITC looks bullish; fresh long is getting added to it. ·         Banknifty is not bearish and looking to go

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All index heavy weight stocks (ITC, Reliance, INFY and HDFC Bank) are tired running up and market needs some more consolidation time.

Time: 6:40 am                                                   FII: +319c DII: +245c Nifty ·         Though FII and DII are in buy side, however market is in oversold level. ·         All index heavy weight stocks are in oversold level now. ·         Even it moves further, the probability of moving aggressive move is lower. ·         Bit of

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Nifty seeks help from Banknifty where Banknifty seeks help from PSU Banks and HDFC Bank.

Time: 3:50 am                                                   FII: 142c DII: -607c Nifty ·         RSI is staying in overbought level. ·         Though INFY is weak TCS and HCL Tech are looking bullish. ·         There was huge delivery volume in TCS and long position is maintained as well. ·         Reliance looks bearish and ITC looks bullish.

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Just short covering happened in Axis Bank and SBI so far. Nifty is getting some mileage from Banknifty.

Time: 4:30 am                                                   FII: -347c DII: 243c Nifty ·         RSI is staying in overbought level. ·         FII is in sell side. ·         Auto Sector is in consolidation phase, but TATAMOTORS is in good momentum ·         Though IT sector is weak, short covering happened in TCS. ·         Nifty is facing its

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