message from one of our friend (good source)

Today fii's were net buyer of 234 cr in cash , while indian funds baught net 557 cr though fii's dint baught heavy but they snapped 8-9 days heavy selling spree which resulted in short covering and fresh buying by operators who expect fii's might resort to fresh buyings in days to come,,in f&o bears covered 23 lac nf short while bulls shorted..13 lac 4600 puts and 9 lac 4500 puts...while they dint touched 4700 puts. means they feel 4600 nifty can act as base on any fall, but still suspects that they can hold 4700 nifty tommorow or might face pressure from bears...watch