NIFTY Options Trading by RAJ

[jamit_05]

Sure, 5100 won't reach this month... OI build up is strong in 5400.

But, 5100 Max COI today shows the sentiment. It may take a few months. But, 5100 is not completely out of bounds. Same happened with 5400 PE... it reached in the next expiry.

 

[Option.Trader]

Go Goa gone, 5470 is the new this resistance

 

[Option.Trader]

My view, 5470 is the top, unless some news breaks through.

Had taken a short @ 5458 to see two things 1) previous fii sell, 2) gap filled which would act as resistance

 

[trader15]

Had taken a short @ 5458 to see two things 1) previous fii sell, 2) gap filled which would act as resistance

Interestinglt Edelweiss Analysis shows FII are not selling heavily neither in Cash or the FnO market. DII are also net buyers.

Who is selling : Retailers -- or read brokers due to NSEL issue. I would think they are one's shorting the market and telling clients market tanking due to macro and making money to cover losses in NSEL fiasco

 

[Option.Trader]

Interestinglt Edelweiss Analysis shows FII are not selling heavily neither in Cash or the FnO market. DII are also net buyers.

Who is selling : Retailers -- or read brokers due to NSEL issue. I would think they are one's shorting the market and telling clients market tanking due to macro and making money to cover losses in NSEL fiasco

It's not easy for Fii to sell, they can't get out without getting burnt in process, nobody will be able to absorb fii dumping. But they can hedge their loss through derivatives

 

[Gandhar.]

Sure, 5100 won't reach this month... OI build up is strong in 5400.

But, 5100 Max COI today shows the sentiment. It may take a few months. But, 5100 is not completely out of bounds. Same happened with 5400 PE... it reached in the next expiry.

COI gone in 5400pe

 

[Option.Trader]

5400 PE has 96L OI. Today 17L added. So 5400 will not be broken so easily. The MAX you can expect on the downside is 5370

Are you sure on this? I'm seeing only 76l and unwinding coming through?

 

[healthraj]

Are you sure on this? I'm seeing only 76l and unwinding coming through?

Yes when I wrote it was 96L. After that market made high of around 5467 and came down. Now 5400 PEs are getting squared.

And the Trend has become a Weak Bull.

 

[shiv2012]

http://www.livemint.com/Money/7ed8Ae7g2qpEsbaSl3LNMN/Who-were-the-sellers-in-Fridays-crash.html

Mint's analysis on who sold on Friday. Says proprietary desks and local investors behind the crash.

 

[healthraj]

MAX OI at 5300-5700. So I think we can see at least 5250 - 500 points from 5750, the Previous high