Good decision Raj. No one makes money in short term trading except brokers..
Its like gambling..you earn few bucks, then use it to play big bets and loose big bets..
Good luck
Options data has started to become a lagging indicator rather than a leading indicator. Seems options change now follows price action and it changes so quickly, there is no meaning to do trade based on options data.
For the banking stocks, the Max PE OI has been shifting down.
For SBI it shifted down from 1800 to 1700 todya
For ICICI , there is a huge unwinding at 1100 level.
Looks like banking stocks can slide further.
This month there has been too much shift in Max OI levels in both Nifty and front line stocks..looks like an event based market and waiting for something to happen
Raj, has the max pain shifted to 6200 ?
In the excel sheet it is showing now as 6200 ? What does that mean for tomorrow ?
Is Nifty going to go further up in first half and then expire around 6200 ?