Only Nifty(F & O) and Only Intraday Trading

[Trader J]

Open interest up by 10 L in both 8100 CE and 8200 CE and both have good volume 137 L and 126 L.....

 

[Trader J]

Nifty fail to cross 8050-60 finally , and in last half hour again shorting get few points (after break 8050), as today opening also generate good (ya few ) points....in between only small range and volatility.

 

[Jai Mata Di]

During last few days of up move there was heavy put writing of 8000 PE.
The zone 7965-8010 (Nifty Spot) can act as strong support zone.
Also H1 and H4 chart patterns support that fact. A bounce back up move possible when nifty react with that zone.
Bears will be strong only if nifty moves below that support zone. Lets See.

Happy Trading.
H.C.

 

[Trader J]

During last few days of up move there was heavy put writing of 8000 PE.
The zone 7965-8010 (Nifty Spot) can act as strong support zone.
Also H1 and H4 chart patterns support that fact. A bounce back up move possible when nifty react with that zone.
Bears will be strong only if nifty moves below that support zone. Lets See.

Happy Trading.
H.C.

Thanks H C,

I agree with you, as we only intraday trader, we may have good trading opportunity long side (Tomorrow) if Nifty spot will stay above 8050 and break 8060-65.

If Nifty will stay below 8050-40 than will take short and it may go till 7980-8000.

Enjoy Day Trading.

 

[Trader J]

NIFTY spot below 8040-50 and looks like 8050-60 acting resistance......

In first 20 minits, 8100 CE added 8 Lac in open interest and volume is more than 30 Lac

 

[Trader J]

NIFTY future trading in tight range...may be small profit margin in day trading.

 

[Trader J]

Open interest and volume increasing in 8100 CE and 8000 CE 13 L and 5 L....

 

[Trader J]

Now trade in good profit at last...start was slow but now momentum geting up...

 

[Trader J]

NIFTY spot touch 7950 , the August Month expiry leve (7954)

 

[Trader J]

Nifty at 7950 , 8000 CE added 22 L in open interest