Nifty Futures Trading

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With todays blast all Nifty stocks and others too have rocketed.
RIL @ 1670 from 1080, LT @ 715 from 540, TISCO @ 222 from 158 etc.
Technical charts would be showing BO in almost all charts which would
increase buys and in effect take the market higher ...

What say guys ...
Abhi Iljaam Lagna hai Abhi Jurmana Baaki hai
Mkt went 25% up n now all started questioning whether Bear exist or not:D
 

MurAtt

Well-Known Member
Was just checking NSE website for PutCall OI.
3200 Puts added a whopping 251% to its existing OI i.e. 22697 Puts written (each put - lot of 50). Now total contracts in 3200 puts are 31737.
3200 Calls also added around 15% OI but compared to the Puts OI increase - even in terms of contracts - its small.
As usual, the mkt paves it own way - let us see

Am still holding on to my Puts of 3K and 3.2K. Think Monday will be a decider ....
 
Was just checking NSE website for PutCall OI.
3200 Puts added a whopping 251% to its existing OI i.e. 22697 Puts written (each put - lot of 50). Now total contracts in 3200 puts are 31737.
3200 Calls also added around 15% OI but compared to the Puts OI increase - even in terms of contracts - its small.
As usual, the mkt paves it own way - let us see

Am still holding on to my Puts of 3K and 3.2K. Think Monday will be a decider ....
wow another good information thanx brother:)
But i think even if mkt cannot go above 3250 even then it wont fall straight away on monday
It will play some sideway distribute some call and put after that mkt would decide where to head
Back to 2600 or 4100:p as suggested in CNBC
 

MurAtt

Well-Known Member
wow another good information thanx brother:)
But i think even if mkt cannot go above 3250 even then it wont fall straight away on monday
It will play some sideway distribute some call and put after that mkt would decide where to head
Back to 2600 or 4100:p as suggested in CNBC
Very frankly I do not care a damn as to what CNBC says.

4100 --- let it first break 3250, 3350 then onto 3600-3700 levels which is very important. Then 4100. This is farfetched as of now.

4100 is being pushed into the minds of ppl so that if the mkt breaks 3250, 3350 and goes to 3600-3700 levels, ppl are waiting for 4100 and mass distribution may happen at the higher levels.

2600 --- Alternatively with so much bullishness, ppl are now ready to believe that mkts may tgt 4100 and if not 4100 at least 3600 and start buying (with every TDH brokerage giving buy calls every 5 mins.) So thats distribution again.

And then we have a fall :(

Ultimately, retail will be fooled into believing what the media wants them to.

Am I sounding very phobic? Anyone ....

BTW --- CNBC is just to watch with the volume muted, to check the prices only - thats that.
 

columbus

Well-Known Member
If Put/Call ratio increases .What does it implies ,in general term,any help will be appreciated
Subrata
PCR increases if PUTS are on RISE or CALLS on decline, in otherwords an
OVERBOUGHT condition, and MARKETS are likely to fall in NEAR future.
 
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