Long unwinding seen in Infra, Realty and Banking sector - IIFL

Nifty future which added ~0.49mn shares in open interest has seen some short addition.

Bank Nifty future which added ~0.02mn shares in open interest has seen long unwinding.

Nifty May 6,000 call which added ~0.38mn shares in open interest has seen writing.

Nifty May 5,800 put which added ~0.87mn shares in open interest has witnessed writing.

Nifty future might trade in the range of 5890-5985.

Long unwinding was seen in Infra, Realty and Banking sector.

Source : Equity Bulls

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