NIFTY is knocking on 16000 for quite a few days now. As according to Friday's Stats FII's have covered 5996 contracts of Future Index long and added 6897 shorts.This might be the case coming week. besides,
Option Index Call long 54923
Call Short 70176
Put long 62139
Put Short 40611
From this data I will say market will correct again from this level, so I will Sell on any rise close to 16000 or even above that.
Lets see what happens tomorrow, till then happy learning folks