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Option

Nifty trading range for weekly expiry 18th JunMarkets opened with caution today, but gained ground through the day. in the second half though the banking stocks saw pressure and led to selling. Indices closed near the lower end of the trading range. Indicating caution. Option data suggests a trading range of 9800 to 1000 for tomorrow. Bank Nifty seems to have a trading range of 19500 to 20500. As usual lets see the opening of the market and global cues coming in for tomorrow morning. For more details read the blog - equitycompound2.blogspot.com
NSE:NIFTY
by Equity_Compound_2
Data indicates weakness embedding in the markets.Data indicates weakness embedding in the markets. Markets did see support coming in at 9726 levels. This would be an immediate support for the market. However, if retested, it may be vulnerable. Similarly, BankNifty saw support coming in at 19740, this would be an immediate support as well. If market stabilizes tomorrow, BankNifty may outperform Nifty. Lot depends on how US closes today. Will have to pick up morning cues. Though as of now a close range of 19500 and 20500 is playing on BankNifty and a close range of 9700 to 9900 seems to be active on Nifty (However, remember the wider range of 9500 to 10000 and 19000 to 21000)
NSE:NIFTY
by Equity_Compound_2
Nifty F&O data analysisNifty closed the day 313 points lower. Let us analyse the data for the day. FIIs sold 16996 contracts in Index Futures worth 803.13 Cr Futures data Retail participants added 9.08K Long contracts & squared off 3.87K short contracts FIIs squared off 1.05K Long contracts & added 15.94K Short contracts Pro traders added 8.08K Long contracts & added 3K Short contracts Call Option data Retail participants bought 2.46 Lakh Call options & 1.54 Lakhs Calls were shorted by them FIIs bought 10.3K Call options & 20.93K Calls were shorted by them Pro traders bought 8K Call options & 87.90 K Calls were shorted by them Put Option data Retail participants bought 23.75K Puts and 22.69K Put Contracts were Shorted by them FIIs bought 12.59K Puts & 12.24K Puts were Shorted by them Pro traders bought 9.2K Puts & 11.61K Puts were Shorted by them. All in all, Retail participants have gone aggressive on the Long side. Net long in Futures having Long :: Short ratio of 1 :: 0.94 Net Long in Call options Net Short in Put options FIIs are Net Short Futures having Long :: Short ratio of 1 :: 2.58 Net neutral in Call options & Net Long in Put Options Pro traders are Net long in Futures having Long :: Short ratio of 1 :: 0.55 Net Short in Call option Net neutral in Put option With Overall PCR at 0.77 & SGX showing a bumper opening, will retail traders win the battle tomorrow? Majority of Call activity happened at 9000 & 9200 Strike price Important levels for Nifty on the upside 9105 / 9253 / 9307 / 9334 Important levels for Nifty that should be watched 8960 / 8905 Take care & safe trading…!!!
NSE:NIFTY
by indiamarketoutlook
2
F&O data analysis & Nifty strategy for 16th April weekly expiryIn our previous post we had highlighted the importance of 8986-9027 level. That level is still being respected. Nifty has closed in the said range at 8993. Let’s see what data has to say for the expiry week 16th April 2020. FIIs sold 8.46K contracts worth 474.69 Cr. FIIs booked profits and squared off 7489 Long Contracts and they added just 979 Short contracts. Retail Clients added 5507 Long contracts and exited 11312 contracts from Short position. Pro traders squared off 2226 Long contracts and added 4181 Short contracts. ------------------------------------------------------------------------------------------------------------------------------------------------ Option Data Analysis On the Call option front FIIs bought 7318 Long Contracts and added 6010 Call Short Position. Retail traders were again active in Call Options adding 1.06 Lakhs Long contracts and adding 89.3K Short contracts. Pro traders bought 21.6K Call Long and also created fresh 40.50K Short Contracts. ------------------------------------------------------------------------------------------------------------------------------------------------ On the Put Option front, FIIs bought 8565 Put Long contracts and also added 5466 Put Short contracts. Retail traders added 93.7K Put Long and created 85.2K Put Short contracts. Pro traders have bought 23.9K Put Contracts and added 35.5K Put Short Contracts. Prima facie, it looks like Retail traders are expecting a big move, although, are not sure in which direction. FIIs are still playing it light and Pro traders are playing for a range bound movement. The broader range is 8500-9500. However, considering Tuesday is a holiday and looking at the activity there is a strong probability of expiry between 8788 on the lower side & 9185-9233 levels on the upper side. So that's our view. Aggressive traders may consider the following strategy Sell Nifty 8800 Put option 16 April expiry Price range: 100-120 & simultaneously Sell Nifty 9200 Put option 16 April Price range : 90-100 The strategy will have maximum profit potential of Rs 14250 – Rs 16500/- In built loss protection for a fall up to 8610-8580 or for a rise up to 9390-9420 in Nifty levels on 16th April 2020. Tomorrow being a holiday Will update further in this thread on Wednesday morning. Keep watching... Do hit the Like button and comment below Take care & safe trading…!!!
NSE:NIFTY
by indiamarketoutlook
10
If you are not following me, you are missing big trades on BN.Bang On Labels:- BN 19th Feb’20 BNTrading on Telegram:- The BN opened (Open:- 30661.5, High:- 30692.75, Low:- 30252.45, Close:-30,562.5) above our weekly support zone (30,521-30,630) and breached the support zone is first 10 mins, 3rd 5 min candle tried to enter and made a high of 30,522 and was never was able to enter the zone. There was clear short below 30,521 and short was covered in the monthly support zone (30,300-30,320) around 12:30 PM. At 1:38 PM the price left the support zone for upside movement, we went long with SL of 30250 and kept on trailing the SL, the price touched the upper level of resistance zone 30,630 and closed. Almost all the downsize and upside was captured by our traders in our group, trader' s made 2x to 5x profit in options. The trend will change above 30,758 to positive and super bullish above the zone 31,113-31,185. ## Daily/Weekly/Monthly Resistance:- 31,467, 31650-31750 / 31905 (23.6% retracement of 32613 & 29612). ## Daily/Weekly/ Resistance / Supply Zone :- 31113-31183 ## Tomorrow Resistance / Supply Zone :- 30946-31010 ## Weekly Resistance:- 30521-31630 ## PIVOT:- 30,362-30,454 ## Weekly/ Monthly Support:- 30,250-30320. There are two types of trades:- Range Trading and Breakout Trade. 1. Range Trade:- Buy/SELL in above or below Pivot Zone & GREEN Zones, SL is zone lower point, T 100 to 300 points/resistance zone. 2. Breakout Trade:- Once a pivot/zone is broken, keep SL as lower / upper end of the zone for next zone as the target or target 100 -300 points.
NSE:BANKNIFTY
by subhagghosh
1
HDFC LIFE: Ready to move up again, or remain sideways & correct?HDFC LIFE: The trend has been dominant up, the stock has doubled in just eight months time. During thr the last couple of weeks, the stock has been into correction. Now taking rest at the kumo. The RSI is also bouncing from the bullish oversold extreme. MACD is into bullish zone, prices are trading below the ks line, a move above the KS line will re establish bulls into the stock, however if the stock falls into the kumo then, it may drift sideways and some deeper correction may be noticed. We have launched “PRORSI” Trading mobile application providing you the best trading ideas. Download now from Play store or IOS.
NSE:HDFCLIFE
by BharatJhunjhunwala
Option Strategy before TCS Quarterly results on 11.01Option strategy in TCS ahead of result on 11.01.18 1. Sell 2750 call at 47 and 2650 put at 38 each one lot 2. Buy 2800 call at 31.90 and 2600 put at 23.95 each 2lots Funds requirement Approx 6675 Margin required = 140000 Time of holding: 3 to 5 trading days. Book profit if price fall below 2550 or rise above 2830. Book loss if consolidate in the band of 2650 to 2750 post result. The strategy is based on the assumption that price may have big move after the results but if it does not happen and it remains in the range there would be small loss.
NSE:TCS
by praveen.bhatiya
3