General Trading Chat

[travi]

Actually, nowadays all such correlations are getting blurred. Earlier there used to be definite correlations with the factors like FII activity, USDINR value, the dollar index, foreign markets, Baltic dry index etc. Of late, the indices seem to have a mind of their own and bypass all these in going up. The downside, whenever happens, appears to be momentary.

You missed gold
Earlier they had contra moves, 2016 they were in sync

Global markets flat and so is SGX Nifty so will be off for a tea

 

[Blackhole]

Actually, nowadays all such correlations are getting blurred. Earlier there used to be definite correlations with the factors like FII activity, USDINR value, the dollar index, foreign markets, Baltic dry index etc. Of late, the indices seem to have a mind of their own and bypass all these in going up. The downside, whenever happens, appears to be momentary.

truly said tp, weekly options sometimes acts as brakes ,acceleration and even sometimes change the direction of trades coz of heavy derivative positions hence correlations seems to have lost....did u witness such silent budget season ?...

yesterday dii fii all were net sellers bnf fut is way up but ended up nearly 140-150 pt down (spot)

 

[lemondew]

Yesterday was an option crushing day. Sellers had fun

Actually, nowadays all such correlations are getting blurred. Earlier there used to be definite correlations with the factors like FII activity, USDINR value, the dollar index, foreign markets, Baltic dry index etc. Of late, the indices seem to have a mind of their own and bypass all these in going up. The downside, whenever happens, appears to be momentary.

 

[TraderRavi]

truly said tp, weekly options sometimes acts as brakes ,acceleration and even sometimes change the direction of trades coz of heavy derivative positions hence correlations seems to have lost....did u witness such silent budget season ?...

yesterday dii fii all were net sellers bnf fut is way up but ended up nearly 140-150 pt down (spot)

yes that was unusal premium of 150 points in BNF , from 70 earlier

 

[pratapvb]

ok..have you posted ur cycle study somewhere .if not post if u can.

I had posted periodically comments like

from sep very -ve
between dec-jan accumulation phase and then most of 2017 is +ve
etc

 

[Blackhole]

yes that was unusal premium of 150 points in BNF , from 70 earlier

This days liquidy in Bnf Monthly options is huge concern...weekly options has good liquidity

 

[pratapvb]

2016

below -80 red line I consider as bear .....this was there in april till about end of may ...then it rallied

then it went again below -80 on sep 11th

between -40 and -80 consider it has sideways or not clear

it went above -40 around end dec

most of 2017 it is above 0 line hence said most of 2017 is +ve

use it as a sentiment indicator ....don't go by ups and downs in the chart but by the value

 

[pratapvb]

2017 cycle

above 0 mostly hence saying +ve

use it as a sentiment indicator ....don't go by ups and downs in the chart but by the value

 

[traderniftybull]

BNF

Trading above 20400
will be looking for 75/100 points

LTP 20430

 

[Smart_trade]

Last 2-3 days of Sequential on nifty futures daily TF and nifty fut struggles to hold above 8830-40.

Smart_trade