NIFTY 50 future TRENDS

Status
Not open for further replies.

MurAtt

Well-Known Member
Murtuza would u tell us ur interpretation of that 5400 & 5300CE ?? It's a long series. I think there is enough room for movement both ways.
Then why would one exit completely at loss ? Am sure the WHOLE OI was not written earlier .. some of it only after Feb Series expiry .. at least 50-60% .. then ?

This is profit booking... KAUN TABLE PE PADA RS.114 CHHODEGA.... :D JABKI NEXT DAY HOLIDAY HAI....
U do not seem to understand ... u r totally :confused: ... can't seem to think of any reply ....
 

Taurus1

Well-Known Member
SM always looking through bull lens, so everything looks bullish :rofl:
Hope you followed the turn date given elsewhere.
For the bulls
**************************************************
BTW, not mine :p :D
 
Last edited:

enygma

Well-Known Member
SM-Bhai,

323 anyways means NSE data is screwed. Last I checked, 323 was not divisible by 50 !

Having said that, I dont remember the last time I see a 5xxx CE at such low numbers ...
But I will not read too much into covering of these. Most Smart Money would have strangles/straddles/butterflies to exploit the high volatility before the budget and would now have just one winning leg open - which are the written puts.

E.
 

MurAtt

Well-Known Member
SM-Bhai,

323 anyways means NSE data is screwed. Last I checked, 323 was not divisible by 50 !

Having said that, I dont remember the last time I see a 5xxx CE at such low numbers ...
But I will not read too much into covering of these. Most Smart Money would have strangles/straddles/butterflies to exploit the high volatility before the budget and would now have just one winning leg open - which are the written puts.

E.

How could I ....


Thats why Enygma remains an Enygma
 

2021

Active Member


And what would you say to this one


I'm not biased towards any sideways moments though I feel a very short term rise and a little longer short term fall was expected today and I feel above 5495 short covering including new long buildup took place thereby further 45 points rally. As for what you suggest, call writing may have taken during market open to build a false positive. Why to judge all such writing and reduce of OI took place after rally o 150-200 points? Just a thought. That is why I initially said I'm not biased towards any sideways. There is not enough covering of 5500 put also, just half in OI in compare to 5400 calls.
 

NiftyFantasy

Well-Known Member
U do not seem to understand ... u r totally :confused: ... can't seem to think of any reply ....
Dear SM,

Dont get angry yaar..... what do you want to say is clearly visible and nothing un-understandable there.... but if all trades done upon open interest then it will be very easy to anyone to trade in market... sometimes OI gives wrong signals....thats what I was trying to say in a different manner.... :D
 
Status
Not open for further replies.

Similar threads