1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac
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Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Let us go Step by Step. MAX OI has shifted from 5800-6000 to 5900-6000. So from that data it is clear as of now that Market will not break 5900 (5870). If there is a change in MAX OI, then we can see. For now 5900 is possible and not 5800
Let us go Step by Step. MAX OI has shifted from 5800-6000 to 5900-6000. So from that data it is clear as of now that Market will not break 5900 (5870). If there is a change in MAX OI, then we can see. For now 5900 is possible and not 5800
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
If downward momentum picks up... I will not be surprised to see 5900. Because the charts, EMA and Option Table all show reliable support only there.
Upside has shown little improvement or enthusiasm inspite of 3 higher closings since Wed the 16th. Yesterday feels like an exhaustive move.
Then again nothing is 100%... the winds can change within an hour. But, as of now I am not too sure about bulls.
If downward momentum picks up... I will not be surprised to see 5900. Because the charts, EMA and Option Table all show reliable support only there.
Upside has shown little improvement or enthusiasm inspite of 3 higher closings since Wed the 16th. Yesterday feels like an exhaustive move.
Then again nothing is 100%... the winds can change within an hour. But, as of now I am not too sure about bulls.
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
Right now I do not know. Need to figure that out. My first guess would be that it could be an average of the Top 5 strikes PEs and CEs or the Average of IVs of the strikes in between the MAX OI... Welcome any ideas on this
Right now I do not know. Need to figure that out. My first guess would be that it could be an average of the Top 5 strikes PEs and CEs or the Average of IVs of the strikes in between the MAX OI... Welcome any ideas on this
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -
19-Jul-13 Option Updates
9:30 AM
Signal is FLAT to BULLISH.
MAX CHG in OI at 5900-6200 Pair - Trend is slightly bullish.
5900 PE @ 3.2L 6200 CE @ 2L .
MAX Pain @ 6000, indicating that Market will expire around 6000.
According to the Pivot indicates a HIGH of 6107 and Low of 6046
MAX OI still at 5800-6000.
People who want to take Risk can Sell the 5900PE-6000CE Pair which would be available today around 95+. Buy this only when the market turns bearish
9:45 AM
MAX OI Shifted from 5800-6000 to 5900-6000. So ideal to play the Pair. As told earlier do not BUY the positions now. Buy when it is at the TOP of the range or bottom of the Range
10:00 AM
MAX OI at 5900-6000, also giving the signal that market will not go below 5900 in this Expiry.
The Range is shifting to 6036-6100. When the MAX CHG in OI is 200 points apart it is advantage Operators for Eating premium or MMs taking positions.
MAX CHG in OI at 5900-6200. For any Serious action it has to shift to either 5900-6100 or 6000-6200 at least.
10:30 AM
MAX CHG IN OI at 5900-6200. PE @ 8.42L CE@ 6.64 - Favouring Bulls.
But since the we are near the expiry, as I have been telling Yesterday, the PE volume could also be SHORT covering. So we have to wait and see. Wait for the Squaring off in CE or PE to take any positions.
For the Volatility Perspective the PEs Volatility is coming down especially at the 6200, 6300 strikes. So there is some buying at those levels.
CEs volatility is Flat for now. When that starts to change and take some trend we will see some action. Otherwise no action today.
19-Jul-13 Option Updates
9:30 AM
Signal is FLAT to BULLISH.
MAX CHG in OI at 5900-6200 Pair - Trend is slightly bullish.
5900 PE @ 3.2L 6200 CE @ 2L .
MAX Pain @ 6000, indicating that Market will expire around 6000.
According to the Pivot indicates a HIGH of 6107 and Low of 6046
MAX OI still at 5800-6000.
People who want to take Risk can Sell the 5900PE-6000CE Pair which would be available today around 95+. Buy this only when the market turns bearish
9:45 AM
MAX OI Shifted from 5800-6000 to 5900-6000. So ideal to play the Pair. As told earlier do not BUY the positions now. Buy when it is at the TOP of the range or bottom of the Range
10:00 AM
MAX OI at 5900-6000, also giving the signal that market will not go below 5900 in this Expiry.
The Range is shifting to 6036-6100. When the MAX CHG in OI is 200 points apart it is advantage Operators for Eating premium or MMs taking positions.
MAX CHG in OI at 5900-6200. For any Serious action it has to shift to either 5900-6100 or 6000-6200 at least.
10:30 AM
MAX CHG IN OI at 5900-6200. PE @ 8.42L CE@ 6.64 - Favouring Bulls.
But since the we are near the expiry, as I have been telling Yesterday, the PE volume could also be SHORT covering. So we have to wait and see. Wait for the Squaring off in CE or PE to take any positions.
For the Volatility Perspective the PEs Volatility is coming down especially at the 6200, 6300 strikes. So there is some buying at those levels.
CEs volatility is Flat for now. When that starts to change and take some trend we will see some action. Otherwise no action today.
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