Intraday calls

[jsswaroop]

delta down 13% and PARAL 20% . Can I go for these?

 

[ravinder_1215]

i have shorted dlf at 313.65 with s/loss of 316.05 and target 308.50

dlf target done....


Bought tatamotors at 1322 with s/loss 1309.90 target 1350... Looking difficult at present.. But lets see... For intraday only

 

[jsswaroop]

Ravinderji, kindly start your own thread if you are intended to give calls.

 

[ravinder_1215]

ravinderji, kindly start your own thread if you are intended to give calls.

thanks for your valuable suggestion dear!!!!

 

[n_arvind2000]

delta down 13% and PARAL 20% . Can I go for these?

wait for tomorrow....

 

[n_arvind2000]

delta down 13% and PARAL 20% . Can I go for these?

Wanted to post the link to the SEBI order banning Dr. Dang Sanjay Dangi and the coterie of promoters around him.

The Companies mentioned are

1.Ackruti
2.Welspun
3.Brushman
4.Murli Agro
5.Parekh Aluminex
6.Panasonic Home
7.J Kumar Infra
8.Prakash Steelage
9.Core Projects
0.Delta Corp
1. Arrow Textiles
2. Brabourne Enterprises
3. Micro Technologies
4. Resurgere Mines

http://goo.gl/Ztb0y
http://goo.gl/6zIxr For details on bulk transactions.

 

[n_arvind2000]

Introduction to Open Interest

Volume & Open Interest are the most important parameters for judging the Futures & Options market. Volume can simply be defined as the number of contracts traded on a particular day. Open Interest is slightly more complex data.”

The Open Interest figure for a given future/option is the number of contracts outstanding at any given point of time. The Open Interest increases when trader “A” opens a new position by buying a future/option contract from trader “B” who did not previously hold any position in that future/option contract (“B” will said to be holding a "Short Position" in the future/option contract). When trader “A” closes out the position by selling the future/option contract, the Openinterest would either remain the same or go down. In brief Open Interest is the total number of future/option contracts that are not closed or delivered on a particular day.

Example

Monday Client A buys 2 futures contract of Reliance and open interest
Client B sells 2 futures contract of Reliance. 2

Tuesday Client C buys 10 futures contracts of Reliance and
Client D sells 10 futures contracts of Reliance. 12

Wednesday Client A sells 1 futures contract of Reliance and
Client D buys 1 futures contract of Reliance . 11

Thursday Client E buys 7 futures contracts of Reliance and
Client C sells 7 futures contracts of Reliance. 11

On Monday Client A and Client B create 2 contracts that are left open this brings the open interest to 2 contracts.

On Tuesday Client C and Client D create 10 more contracts that are left open this brings the total open interest to12 contracts

On Wednesday Client A and client D take an offsetting position and therefore open interest is reduced by 1.

On Thursday, Client E simply replaces Client C and therefore open interest does not change


Increasing OI with increase in price trend (Long build up) is considered positive –
With increase in OI and the market price, the trend shows bullishness on the back of addition of more long positions in the futures market. Investors are turning positive and going long for the stock, which is evident by the upward price movement

Increasing OI with decrease in price trend (Short build up) is considered negative –
With increase in OI and fall in the market price the trend shows bearishness on the back of addition of more short
positions in the futures market. Investors are turning negative and price is falling with selling pressure coming due to increasing negativity in the specific stock

Decreasing OI with increase in price trend (Short covering) is considered positive –
With decrease in OI and rise in the market price the trend shows bullishness on the back of covering up of short
positions in the futures market. With the short covering happening due to investors getting caught on wrong foot the price escalates well over the normal levels


Decreasing OI with decrease in price trend (Long Unwinding) is considered negative –
With decrease in OI and fall in the market price the trend shows bearishness on the back of closing up of long position in the futures market. Investors booking profits creates selling pressure and thus shows the bearish trend prevalent in the market.

 

[jsswaroop]

thanks for your valuable suggestion dear!!!!

Don't worry sir, we will follow you also if it deserves.No need to post in others threads to get noticed.

 

[pundit]

Introduction to Open Interest

Volume & Open Interest are the most important parameters for judging the Futures & Options market. Volume can simply be defined as the number of contracts traded on a particular day. Open Interest is slightly more complex data.

The Open Interest figure for a given future/option is the number of contracts outstanding at any given point of time. The Open Interest increases when trader A opens a new position by buying a future/option contract from trader B who did not previously hold any position in that future/option contract (B will said to be holding a "Short Position" in the future/option contract). When trader A closes out the position by selling the future/option contract, the Openinterest would either remain the same or go down. In brief Open Interest is the total number of future/option contracts that are not closed or delivered on a particular day.

Example

Monday Client A buys 2 futures contract of Reliance and open interest
Client B sells 2 futures contract of Reliance. 2

Tuesday Client C buys 10 futures contracts of Reliance and
Client D sells 10 futures contracts of Reliance. 12

Wednesday Client A sells 1 futures contract of Reliance and
Client D buys 1 futures contract of Reliance . 11

Thursday Client E buys 7 futures contracts of Reliance and
Client C sells 7 futures contracts of Reliance. 11

On Monday Client A and Client B create 2 contracts that are left open this brings the open interest to 2 contracts.

On Tuesday Client C and Client D create 10 more contracts that are left open this brings the total open interest to12 contracts

On Wednesday Client A and client D take an offsetting position and therefore open interest is reduced by 1.

On Thursday, Client E simply replaces Client C and therefore open interest does not change


Increasing OI with increase in price trend (Long build up) is considered positive
With increase in OI and the market price, the trend shows bullishness on the back of addition of more long positions in the futures market. Investors are turning positive and going long for the stock, which is evident by the upward price movement

Increasing OI with decrease in price trend (Short build up) is considered negative
With increase in OI and fall in the market price the trend shows bearishness on the back of addition of more short
positions in the futures market. Investors are turning negative and price is falling with selling pressure coming due to increasing negativity in the specific stock

Decreasing OI with increase in price trend (Short covering) is considered positive
With decrease in OI and rise in the market price the trend shows bullishness on the back of covering up of short
positions in the futures market. With the short covering happening due to investors getting caught on wrong foot the price escalates well over the normal levels


Decreasing OI with decrease in price trend (Long Unwinding) is considered negative
With decrease in OI and fall in the market price the trend shows bearishness on the back of closing up of long position in the futures market. Investors booking profits creates selling pressure and thus shows the bearish trend prevalent in the market.

Thanks Arvind ji for sharing your knowledge .

 

[n_arvind2000]

Delta Corp 5% up..today