Nifty Open Interest Analysis

[jamit_05]

Highest OI of 6 L added in 5300 PE !!

Some big pocket thinks this as a good bet. Liquidation of 5600 PE could mean serious down side.

 

[moody_man]

and 5L OI decrease in 6100 CE !!

 

[jamit_05]

Last week formed a unique candlestick, which indicates that 5600 is secured for atleast another weekly closing. Meaning, if nse reaches 5600 then CEs could be bought for quick gains.

On the upside 5800 seems well secured, by short term moving avg.

So the range of 5800 - 5600 (total premium of 80) seems like a safe bet for now. I am not sure about shorting, as it is a very risky affair.

 

[jamit_05]

Read this recipe for DOOM... people share winning methods with good success rate... I am sharing a losing method with 100% success rate...

http://www.traderji.com/fundamental-analysis/85443-krbl-buy-sell-2.html#post793519

 

[prabhsingh]

Read this recipe for DOOM... people share winning methods with good success rate... I am sharing a losing method with 100% success rate...

http://www.traderji.com/fundamental-analysis/85443-krbl-buy-sell-2.html#post793519

At first read i thought its winning method with 100% success rate which i never expect to be.So yes loosing method and that 100% can be and infact there can be many.

 

[anup]

Amit bhai, 5600 puts added 10Lakhs OI and 5700 Put added 11Lakhs OI and on call side, 8.3 Lakhs OI added in 5900 Call

 

[jamit_05]

Amit bhai, 5600 puts added 10Lakhs OI and 5700 Put added 11Lakhs OI and on call side, 8.3 Lakhs OI added in 5900 Call

5600 PE is pretty much established as the series low... sentiment is now bullish.

None of the CEs are over 70L... means sellers are not sure which top to make... 58, 59 or 6000 ... this clearly looks bullish.

Now waiting for one CE to get locked... which will it be?

My guess 5800. Market should reverse from there.

 

[trdstudent]

5600 PE is pretty much established as the series low... sentiment is now bullish.

None of the CEs are over 70L... means sellers are not sure which top to make... 58, 59 or 6000 ... this clearly looks bullish.

Now waiting for one CE to get locked... which will it be?

My guess 5800. Market should reverse from there.

My guess 5900 .... little more cnfrmtion needed though

 

[jamit_05]

My guess 5900 .... little more cnfrmtion needed though

major bullish conviction... 12L OI increased in both 56 and 5700 !!

 

[trdstudent]

major bullish conviction... 12L OI increased in both 56 and 5700 !!

yes jamit . But i am conservative here , need to knw how writers reacting once we brch 5800/5850 spot.