[Nitin Bhatia]

The GDP data was released on 29 May, 2020. Smart Money bought heavily in CASH Segment i.e. around 40% more than 7 day’s average in anticipation of better GDP no’s than the consensus forecast of 2.1% GDP growth in Q4 of FY 2019-20.

However, big events like GDP no’s are uncertain and Smart Money always hedge their CASH positions as i explained in my hedging videos. Therefore, a position in Cash segment is hedged by shorting the index futures. In short, Heavy BUYING in Cash Segment was hedged with Heavy Short Positions in Index Futures. This is the reason for Index Future trading at heavy discount i.e. 9482.25 vis a vis NIFTY Spot of 9580.30 for June expiry i.e. discount of around 1%.

[Nitin Bhatia]

Sir we can take position in cash segment for short term?

[Nitin Bhatia]

Is there any trading opportunity???
Cash segment will follow future or vice-versa???

[Nitin Bhatia]

Sir
What is your assessment of GDP No.’s. While Q4 No. is more than forecast, whole year GDP is below the estimate. Pls. cover this in Sunday’s Live Streaming.

[Nitin Bhatia]

Can we assume that call shorts would be loss on Monday?
As the value n number of oi were high on 9500ce, however little bit unwinding observed in later half of the day.

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