Pvt Banking & Cement Sector

Market Trend : Bearish
AXISBANK FUT OI up 28%
HDFC BANK FUT OI up 4%
ICICIBANK FUT OI up 4%
YESBANK OI up 26%
FEDERALBANK FUT OI up 1%.
Private Banks OI indicates short positions at lower levels too.
Cement
ACC FUT OI down 7%
AMBUJACEM FUT OI down 13%
GRASIM FUT OI up 8%,
INDIACEM FUT OI up 1%
ACC and AMBUJACEM OI indicates unwinding of long positions.
GRASIM, INDIACEM FUTS OI indicates short positions.

*Expect more down side...

Good Luck!