Nifty Futures Trading Part 2 (Positional)

[mitasatyajit]

Sir you took 3075 as resistance as it was high of 23/10/2008 ?

faith

No Sir, explained earlier. See the post on 01.12.2008.

 

[orderflow13]

Todays break out was very convincing one, there were volumes, there were frequent retesting at every higher lows to reconfirm if buyers were interested and finally close near the days high, ...so we have very bullish marubozu candle, I will not hesitate to keep my trailing stops near to today's LOD and ride th move

 

[orderflow13]

As evident in chart, OI PCR broke prev. res of 1.45 and today there is a build up in 2900 jan put, which is bullish

 

[pra]

As evident in chart, OI PCR broke prev. res of 1.45 and today there is a build up in 2900 jan put, which is bullish

Dear Alex

Can you provide me the link(URL) of PCR ?

 

[pkamalesh]

 

[orderflow13]

Dear Alex

Can you provide me the link(URL) of PCR ?

Well i manually feed data to ami by using nse's most active put and call and their o.i. ..i knw there r few brokers sites which provides ready to use pcr but their method of calculation is different than mine.

 

[dumdum20008]

Hi,

As per nature of this interrupted rise, 2802-2830 levels( NF-hourly) may be retested soon.
Beside that, a resistance of very dumbh nature around 2986
(NF-daily) may spoil the bull-party waiting for 3050.

 

[columbus]

As evident in chart, OI PCR broke prev. res of 1.45 and today there is a build up in 2900 jan put, which is bullish

NSE's website says the PCR for index ,stocks are 0.92 and 0.61 respectively.
My funda about PCR is not quite clear.How you got the figure 1.45?Does it
pertain to specific Contract value?

 

[orderflow13]

NSE's website says the PCR for index ,stocks are 0.92 and 0.61 respectively.
My funda about PCR is not quite clear.How you got the figure 1.45?Does it
pertain to specific Contract value?

PCR = PUT / CALL & O.I. PCR = O.I. OF PUT / O.I. OF CALL & MY O.I. PCR = AVG SUM OF 10 MOST ACTIVE O.I. OF PUT / AVG. SUM OF 10 MOST ACTIVE O.I. OF CALL

Here is snap shot of nse site, where u get the link ( which update intraday also )

edit - today there is 10 th most active call is ril, so in this case make avg of 9 pe & 9 ce

 

[pkamalesh]

Thanks alex and columbus....Both the Question and the answer were much awaited...thanks again..