General Trading Chat

[Smart_trade]

Today the market was in slow uptrend mode as it never came below -1SD of VWAP.So shorting was not a proper action. It all long stayed between VWAP and +2SD...so a week uptrend but definately to trade from long side when the market came near VWAP and book profits near +1 or +2 SD VWAP

Smart_trade

 

[praveen taneja]

Changes in Open Interest(OI) �: 21st September 2015

Nifty Spot � � � � � � �: � � �7977.10(- �0.06%)
Bank Nifty Fut � � � �: � �17537.30(+ 0.74%)� � � ��
INDIA VIX � � � � � � : � � �18.1775(- �0.63%)

Premium � � � � � � � : � � �+ 2.95 VS + 0.65

Nifty Fut OI � � � � � �:+10.51L shs (+ 4.19%)

Bank Nifty Fut OI � : +� 1.63L shs (+ 6.25%)


Major Changes in Nifty September Options OI :


Calls �:�� � � � �
7800 : �- � 4.04L(22.29L)
7900 : �+ �3.78L(25.86L)
8000 : �+ �7.35L(40.68L)
8100 : �+� 2.13L(34.77L)
8200 : �+ �0.81L(37.28L)
8300 : �+ �5.40L(34.43L)

Puts �: �

7400 : �- � 1.37L(28.65L)
7500 : �- � 3.31L(41.94L)
7600 : �- � 3.74L(36.22L)
7700 : + � 0.89L(32.43L)

7800 : �- � 1.82L(47.09L)
7900 : �+� 5.16L(33.44L)
8000 : �- � 1.50L(36.27L)



Highest OI Nifty � � � � �: �Calls � �8000 : �40.68L �- � Puts �7800 : � 47.09L

Highest OI Bank Nifty �: �Calls �18000 : � 7.25L �- � �Puts 16500 : � 6.13L

Change in Stock OI :�

Long Buildup�� � � �: PTCIN, IDBI, AMTK, ALBK, APTY, JPA, CLGT, SUNTV, IFCI, HDIL, ICEM, CEAT, ARVND, MMFS, ABNL, ENGR, MRF, ADANI, EXID, UT


Short Buildup�� � � : BHART, TTAN, RELI, BHFC, DEWH, IDEA, HMCL, APNT, APHS, OFSS, HUVR, JSTL, AMRJ, UTCEM, CAIR, UBBL, DRRD, ADSEZ, RIL,�

Short Covering�� � : PLNG, JPVL, RPWR, IOB, JUST, POWF, GAIL, KMB, RECL, ADE, CENT, VOLT, TVSL, STR, IGL


Long Unwinding� �: HDFC, HCLT, IBREL, SUNP, GRASI

 

[praveen taneja]

21-Sep: FIIs F&O: Rs.crs:
# Net BUY +358
Indxfu -1836
Indxop +1925
Stkfut +317
Stkopt -48

21-Sep: Prov Cash: Rs.crs:
FIIs: +154.87 (3569.39-3414.52)
DIIs: +104.08 (1135.69-1031.61)
Cash Vol: 16973 vs 27617, -39%
F&O Vol: 290236 vs 354973, -18%

 

[XRAY27]

Max OI

8,000.00 CE 4,068,175.00
7,800.00 PE 4,709,400.00

 

[niftytaurus]

Today the market was in slow uptrend mode as it never came below -1SD of VWAP.So shorting was not a proper action. It all long stayed between VWAP and +2SD...so a week uptrend but definately to trade from long side when the market came near VWAP and book profits near +1 or +2 SD VWAP

Smart_trade

hi ST da
if we see today's bank nifty chart..it gives lot of trouble after 11 am..can you please tell what should be entry/exit criteria on this kind of market..as pivot fails here..bnf gives deep declines in up trend, so how to save our sl in longs?
where to put sl? if we put on pivot low, it breaks both sides of pivot?
if we dont use pivot for sl than what criteria shoud we use for that?
I checked bnf chart in refrence of vwap also..it doesnt come near vwap at all..even if we trade it with s& r & even ranges ..it breaks ranges with significant candels & fail on both side..then how to trade this kind of market..
& even if we want to stay out? what are symptoms..as when we get aware of that parallal price action..damage had been done
please guide
thanks

 

[Smart_trade]

hi ST da
if we see today's bank nifty chart..it gives lot of trouble after 11 am..can you please tell what should be entry/exit criteria on this kind of market..as pivot fails here..bnf gives deep declines in up trend, so how to save our sl in longs?
where to put sl? if we put on pivot low, it breaks both sides of pivot?
if we dont use pivot for sl than what criteria shoud we use for that?
I checked bnf chart in refrence of vwap also..it doesnt come near vwap at all..even if we trade it with s& r & even ranges ..it breaks ranges with significant candels & fail on both side..then how to trade this kind of market..
& even if we want to stay out? what are symptoms..as when we get aware of that parallal price action..damage had been done
please guide
thanks

Till 11:00 BNF trended and then it went sideways with upwards bias ( this is evident from the fact that it was held above VWAP line all along.

When market goes horrizontal with small up/down range and with breakouts and breakdowns not holding in any direction, these markets are difficult to trade for everyone even seasoned traders.Here pivots wont work as the range in horrizontal movement is small and pivots on both sides keep breaking so here only buying near VWAP and selling near +1SD or +2SD will work.

This market is not suitable for adds and trailing on pivot lows. This market is suitable only for buy, get a rally and sell and book profits....it is tough to trade all the moves with precision.

This is where traders need to come in lower gears....trade small, no adds, and keep losses small ( take small profits too and try to be in small profits on net basis...)

No one can trade all the moves and turns in any market. If you trade clear and clean trends, that is enough for making the month positive...in sideways try to put small amounts of profits in the pocket.

Smart_trade

 

[rahulmalik]

21-Sep: FIIs F&O: Rs.crs:
# Net BUY +358
Indxfu -1836
Indxop +1925
Stkfut +317
Stkopt -48

21-Sep: Prov Cash: Rs.crs:
FIIs: +154.87 (3569.39-3414.52)
DIIs: +104.08 (1135.69-1031.61)
Cash Vol: 16973 vs 27617, -39%
F&O Vol: 290236 vs 354973, -18%

Hi Pravin , what is this 'Net buy' about ? Is it sum of all F&O trades ?

 

[lemondew]

Thanks nice to hear from you. Now the thread seem to have more energy
I never see vwap but wished to know did nifty close above vwap. after 3:00 was there gap between vwap and nifty which didnt get filled till the very end?

Today the market was in slow uptrend mode as it never came below -1SD of VWAP.So shorting was not a proper action. It all long stayed between VWAP and +2SD...so a week uptrend but definately to trade from long side when the market came near VWAP and book profits near +1 or +2 SD VWAP

Smart_trade

 

[lemondew]

Is there any chart with vwap available.

 

[Smart_trade]

Thanks nice to hear from you. Now the thread seem to have more energy
I never see vwap but wished to know did nifty close above vwap. after 3:00 was there gap between vwap and nifty which didnt get filled till the very end?

Yes it closed above its VWAP. Today's VWAP was around 7965 and the close was 7986.

Smart_trade