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* The Nifty Mar rollover of 69.77% is lower than its Three months average of 80.04% and its six months average of 78.76%.

* The Banknifty Mar rollover of 87.21% is higher than its Three months average of 77.36% and its six months average of 79.54%.

* The market wide rollover of 91.81% is at par than its three months average of 91.74% and its six months average of 91.91%.

* Nifty is opening the series with low open interest which means index is likely to witness good buying in April series.

* The Index options OI for March series is indicating that index is likely to remain positive.

* The PCR is within range while VIX has cooled off indicating positive bias of the April series.

* View: The index is likely to remain positive and in the April series with important supports placed at 22000-21500 levels and resistance at 22500-23000 levels.

* Stocks likely to remain positive through the month; based on Rollovers analysis are as follows:

BPCL, GRASIM, ICICIBANK, FEDERALBNK, ICICIPRULI.

* Stocks likely to remain negative through the month; based on Rollovers analysis are as follows:

HINDUNILVR, INFY, CROMPTON, PEL, ZEEL, ABFRL.

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