Nifty Open Interest Analysis

[Option.Trader]

Now 5900 PE OI is back to 79 with fall in its value.

As long as 5900 pe iabove 70l &no call oi gets built up above 70l up trend is valid. You can try selling 5900 pe with 20 points stop loss

 

[anup]

Hi Option trader, good analysis...

And Jamit thanks for your support in this thread...u seems to be encouraging everyone

 

[jamit_05]

Hi Option trader, good analysis...

And Jamit thanks for your support in this thread...u seems to be encouraging everyone

LOL... no yaar... am in no position to encourage. The stuff on this thread is very interesting...

 

[jamit_05]

As long as 5900 pe iabove 70l &no call oi gets built up above 70l up trend is valid. You can try selling 5900 pe with 20 points stop loss

6000 CE OI > 70 L Bad news eh!!

and 5900 PE OI is 80 L so it is a battle to break either of the two... lets see who wins...

 

[shrigsm]

this month expiry should be 6000 call and 5700 put

 

[Option.Trader]

6000 CE OI > 70 L Bad news eh!!

and 5900 PE OI is 80 L so it is a battle to break either of the two... lets see who wins...

Well it means that mkt participants expect 6000 to be top, all this is posturing before Rbi rate cut

 

[prashantjoshi74]

so no conclusion yet..? bulls or bears
5900 PE and 6000 CE OI rising... tomorrow crucial day?
it looks like more calls were written today ... or is it long?

 

[trdstudent]

6000 CE OI > 70 L Bad news eh!!

and 5900 PE OI is 80 L so it is a battle to break either of the two... lets see who wins...

6000 CE OI close at 68L+ .... just below 70L and 5900PE still holding at 77L+

Nah.... no conclusion yet .Some one is trying to trap the other .But who ??

 

[Option.Trader]

Date: 12.3.2013

FII data indicates fresh shorting. 56L of 5500-5700 PE buying also seen in the 4880 cr of options being bought, and PE value decreasing from 50 to 5 shows that FII have booked profit in their PE which were sold earlier. 5900 PE liquidated 2.72 L shares indicating Bulls ran for cover when markets slipped below 5900 intraday

On the call side, some speculative buying seen in 6200 CE and 6000CE nearing 70L in OI indicating immediate resistance

5941 and 5971 are immediate resistance for market

 

[chemmanian]

Hi option.trader
"5900 PE liquidated 2.72 L shares indicating Bulls ran for cover when markets slipped below 5900 intraday"
From the data attached there seems to be addition of around 2 lakh shares in 5900 PE