So India CPI data release today ,
CPI < 4.0% โ Target โน23,500+ (vol crush to 14โ15%)
CPI > 4.2% โ Flush to โน23,000โ23,100 (IV spike to 17โ18%)
Nifty Mean/Median both at 23215, first time since 12th May. So if Nifty holds above this level, bulls can make a good comeback for a few days. Below this level it's Bear party.