Trade with options data

[kiranjakka]

Weekly trading levels for the week are supports at 5011/4936 & 4801 while resistances will be at 5220/5356 & 5430.

 

[kiranjakka]

 

[prabhsingh]

Today,it already went couple of times.Made low of 4995.

 

[kiranjakka]

OI of 5000 ce is now standing at 18.69lk it was 16lk when posted any decrease in this oi may lead to a mild rally otherwise dont see up side for now 5100pe 152 is now 162 mean while nifty made a new low at 4990

 

[prabhsingh]

Titan made a low of 233 but now is in positive range.What does OI data suggests for this stock?

 

[anamikasingh]

5000 ce oi is now at 20.21lk and now started decreasing

 

[kiranjakka]

5000 ce oi is now at 20.21lk and now started decreasing

cant exactly tell OI reached a high just wait and watch for some time :thumb:

 

[Donmuthu]

Kiran,

Does it matter where OI changes? That is does it in matter whether the change is in ITM or OTM options. If yes, which holds more significance.

Please look at below ICICI chart. Price went up but on less than moderate volume. More ITM calls were added as compared to OTM calls. There was significant reduction in OTM 840 PE. Would you consider the outlook to be bearish for today?

Thanks,

Uploaded with ImageShack.us

 

[kiranjakka]

Weekly trading levels for the week are supports at 5011/4936/4801 while resistances will be at 5220/5356/5430.
intraday Nifty Future will find support at 5038/4950 levels while its resistance will be at around 5117/5227 levels.

 

[kiranjakka]