Nifty Futures Trading

[uasish]

both the rise and fall are happening very fast..Ashish da shld enjoy this!!!

Yeah good day,if you remember in my 1st few posts of yesterday 4302.00 was already observed to be a landmark for Bullish outlook,which eventually broke but again from 2 pm onwards in 10 min chart it was unable to cross sucessfully it made 4 attempts & from the 5th Slided Fast.

 

[moneygurukul]

Techincals or no technicals sentiment rules.
j,

Technicals just portray those very sentiments in pictorial language.

 

[renu daga]

since i generally nowadays post here...

so this is for all members....
kindly go to this link
http://www.traderji.com/derivatives/23723-nifty-futures-daily-intraday-short-term-levels-20.html

where asish da ha smade soem type mistake,,, and it was noticed by me,,,and he has given thanks to me,,

so i must not stand as doing a big crime in typing....
so not a single word against me now!!!..warning to all few specail members
u ahve been tolerating,.,,me and ahve to tolerate!!

i dont spare anyone standing...against me!!

heheheheh
nehle pe dehla!!


renu

 

[Czar]

One day I will discover what Dada & renu talk about in coding...

 

[rajaram.dilipkumar]

nifty has sold of but so have the global markets but looking at the patterns in indices like dow , hangseng and FTSE (including our own nifty) i think one major capitulation is likely to happen very soon .... nifty levels of 4200 and 4170 is relevant only for minor intra-days swings and this time around these levels may not hold. Also most of the OI addition has happened in calls while oi unwinding is seen in puts . This shows that the majority of the market is long (also visible with nifty premium) and this forms a perfect set-up for even a small selling to develop in to a major unwinding .

 

[senty]

nifty has sold of but so have the global markets but looking at the patterns in indices like dow , hangseng and FTSE (including our own nifty) i think one major capitulation is likely to happen very soon .... nifty levels of 4200 and 4170 is relevant only for minor intra-days swings and this time around these levels may not hold. Also most of the OI addition has happened in calls while oi unwinding is seen in puts . This shows that the majority of the market is long (also visible with nifty premium) and this forms a perfect set-up for even a small selling to develop in to a major unwinding .

But, Rajaram, OI addition in Calls can be due to call writing, which is a sign of resistance right??? Please clarify if I am wrong...

 

[columbus]

nifty has sold of but so have the global markets but looking at the patterns in indices like dow , hangseng and FTSE (including our own nifty) i think one major capitulation is likely to happen very soon .... nifty levels of 4200 and 4170 is relevant only for minor intra-days swings and this time around these levels may not hold. Also most of the OI addition has happened in calls while oi unwinding is seen in puts . This shows that the majority of the market is long (also visible with nifty premium) and this forms a perfect set-up for even a small selling to develop in to a major unwinding .

Crude below $100 is a big POSITIVE news while Delhi blasts
are NEGATIVE news.Perhaps Nifty will trade with POSITIVE
bias tomorrow.

 

[RSI]

But, Rajaram, OI addition in Calls can be due to call writing, which is a sign of resistance right??? Please clarify if I am wrong...

Before Rajaram gives you a reply, I am putting a matter to ponder.

Addition in open interest in calls should not be viewed in isolation. Rajaram has also mentioned that put OI is seen unwinding. When clubbed together, it can also be interpreted that profite earned in puts are booked and calls are being purchased thinking that market will go up. If calls are being written thinking that market is going down, why profits earned in puts are being booked? If they (puts) held for some more time, will not they earn more profit? Will anyone book profit so early? Am I right?

 

[Czar]

basically options has become a ground for Fii & big players, thus its option writers who call the shots, hence leading to a conclusion the the writers believe the puts will occurs them losses & say 4500 levels has become stiff atleast for this settlements, so the Calls are being written furiously & the sold puts being covered...

 

[senty]

Before Rajaram gives you a reply, I am putting a matter to ponder.

Addition in open interest in calls should not be viewed in isolation. Rajaram has also mentioned that put OI is seen unwinding. When clubbed together, it can also be interpreted that profite earned in puts are booked and calls are being purchased thinking that market will go up. If calls are being written thinking that market is going down, why profits earned in puts are being booked? If they (puts) held for some more time, will not they earn more profit? Will anyone book profit so early? Am I right?

Thanks for your reply RSI... but it can also be taken that the PUT writers would have squared off their positions expecting further downfall and to prevent any losses ryt?