CUES FOR TODAY Recovery on Wall Street Overnight Dow +0.38% S&P 500 +0.67% Nasdaq +0.98% RBI doubles liquidity via OMO purchases from 20,000 Cr to 40,000 Cr PM Modi’s US Trip; Gift Nifty +20 Pts at open Chances of some recovery after a drubbing on our markets - FIIs sold 2464 Cr in Cash yesterday, DIIs bought 1515 Cr - FII selling in Index Futures further intensifies - FIIs sold 1815 Cr, Added ~9500 Shorts in Index Futures - FII net exposure now at -1.73 Lk, Longs at 15% only Nifty PCR near 0.75, typically bounces from 0.68-0.7 Active Nifty Options Suggest: 23300-23750 as broad range Technical Levels Nifty 20 DMA: 23304 50 DMA: 23737 Nifty Bank 20 DMA: 49245 50 DMA: 50630