Trade with options data

[kiranjakka]

Hi Kiran,
-- Heavy +ve change in OI of calls indicates heavy resistance at that strike
price (5100) means call writing.
-- Heavy -ve change in OI of puts indicates heavy support in one level up strike
price.

Is it necessary that we must have above two conditions simultaneously for nifty to go down? I feel, yes b'coz that will confirm the change of bias from put writing to call writing. Am i right?

]increase in oi in call options with increase in stock price bullish
decrease in oi in call options with increase in stock price bullish
increase in oi in put options with decrease in stock price bearish
and decrease in oi in put options with decrease in stock price bearish

apply some logic too

 

[kiranjakka]

nifty seams headed down for targets near 5100 just my opinion spot nifty trading at 5316

@ MURATT bhai 10lk negative change in oi at 5600 ce is pure case of profit booking and nothing else i see 5100 first than 5600 just my opinion your private message turned off[

5100 achieved today:thumb:

 

[prabhsingh]

Kiran,

L&T @1350 Put,Is that Put Accumulation happening?I am not sure whether its Put Accumualation or writers are covering their put position.Kindly can you comment.

 

[kiranjakka]

hdil may not fall below 75 as per eod data i will put it this way for LT may hold out 1350

 

[saurabhjain2005]

NF will close above in Jul series...

 

[prabhsingh]

NF will close above in Jul series...

Above what?Are you saying it will close above 5100 levels?

 

[saurabhjain2005]

Above what?Are you saying it will close above 5100 levels?

Oh sorry, yes NF will close above 5100 in July series...

 

[TraderRavi]

NIFTY WILL FALL BELOW 5100 TODAY ........

 

[timepass]

NIFTY WILL FALL BELOW 5100 TODAY ........

Let's see how far below it falls. Anyway, it is trading at a huge premium - NF = 5104, but 5100CE = 25.

 

[kiranjakka]

NIFTY WILL FALL BELOW 5100 TODAY ........

check out august month OI too it seems interesting the doors for n4800 seems opened up with some amount of writing/OI build up at 4800 ce and high OI at 4800 pe lets wait and watch then:thumb: