Trade setup for the day

Yesterday was a foolish day for me. I executed a mistaken trade and I lost around 70k for that. I can't forgive myself for such silly mistakes. Anyway, there is no point breaking much head on that as that is over and I should move on.
Coming to markets, the bulls seem to be full charge. We have now closed above 12200. We have gained 600 points in just 8 trading sessions. This is too much to expect from an index like nifty. Now the risk-reward on the upside might be low. I would not suggest any buying from now. Maybe we should wait for a correction.
The economy just got a double blow. The inflation seems to be rising and the growth has fallen. The earnings which are coming out now are slightly disappointing.
Now Carona numbers are increasing. The total death is 1300 and reported cases are close to 50000. But, the world markets are surging due to liquidity flow.
LPG prices are hiked. This will also add to the inflation.

MY TRADES

Yesterday, the wrong trade made me upset. I did not do much trade.
I just added some butterfly's and closed some of the positions in the profitable trade.
The TCS futures which I had bought some time back are in good profit now.

INTERNATIONAL MARKET

The US markets are at the record high. Yesterday the US markets gained around 1%.
European markets also closed higher. The frontline indices gained more than 0.5%
Today morning the Asian markets are flat. The US and European futures are trading lower. We may not rise as much as we rose all these days.
SGX suggests that we will open flat.

FII and DII data

The rally is totally backed by the DII. FII are not participating. Will the start participating now ??
Yesterday FII bought for 50cr and DII bought for 339cr

CRUDE AND $

EXPIRY TRADE SETUP

NiftyNayak