Bigbear2022

Bigbear2022

As discussed y'day , put premiums are on heavy side and it won't be easy to stop writers from shorting them. Puts closed on lower side despite index going in red. Bank Nifty found support near 38200 with some local buying happening in last hour. Decision range 38427-38633 Resistance for the day 38911 Support for the day 37993 Expectations / trading...

Bigbear2022

As discussed yesterday , market remained extremely volatile with lows being bought and resistance got shorted keeping market in range through out day. Put premiums are on very heavy side, massive gains in intraday trade isnt easy. Option writers should get active pretty soon Decision range 38683-38877 Support for the day 38296 Resistance for the day...

Bigbear2022

As has been discussed since last 3-4 days , with mkt having very low volumes , high fii cash selling , Nifty paved path on friday giving a trend move. Premium on put side had been very high since open so call shorting was better option Decision range 17368-17479 Support for the day 17194 Resistance for the day 17559 Expectations / trading strategy...

Bigbear2022

As discussed since last 3 days , markets witnessing big FII cash selling , carpet got pulled under feet on friday after expiry got over. Total trend day with no counter trend moves whatsoever , put premiums were high so appreciation was low , option sellers made most of it. Decision range 39675-39982 Resistance for the day 40256 Support for the day 39079...

Bigbear2022

As discussed in y'day post Bank Nifty made a low of 36334 closing around support level of 36409 ( refer to y'day post for today's levels ). FII made use of liquidity gap at open to dump nifty futures ( -1.5lac contracts ) and locals had no firepower to take back mkt to highs today , mkt kept sliding till algos stopped selling in mid afternoon. Decision range...

Bigbear2022

India VIX is trading at crucial levels of 17-18 as we move towards quarterly closing in Sep. Big bear Marker indicator is making higher lows from many weeks and now hesitant to go below 0.5 equilibrium value Expectations VIX to rise up to a level of 40+ creating a panic situation in mkt in coming month +- 10 days Trading such a volatile market will not be an...

Bigbear2022

As discussed before mkt open , mkt hit a morning high in first 30 min and kept sliding hitting a low of 36464 against our expectations of 36452. Rest of the day it did some solid time pass giving no excitement to traders. Decision range 36697-36746 Support for the day 36409 Resistance for the day 36965 Expectations Trend day , linear move after lunch...

Bigbear2022

As discussed yesterday , expiry exhibited true range , with buyers and sellers getting equal returns from lower and higher range throughout day. Breakaway rally was not possible with call writing on 36300 as explained y'day. Decision Range 36102-36187 Resistance for the day 36399 Support for the day 35941 Expectations Another range bound session ,...

Bigbear2022

As discussed in morning update , Bank Nifty should see some selling after 12 PM once the gung ho atmosphere subsides. BBRS ( Big Bear Reversal ) Indicator went into sell mode in afternoon at 36166 , selling 36300 call was very reasonable today as morning tick itself showed an offloading of 10 lac contracts from FII Desk. Tomorrow expecting expiry to be little...

Bigbear2022

As discussed on friday , Bank nifty remained below resistance of 34910 till lunch time , accelerating in second half closing at day high. Big Bear Reversal Signal ( ®) triggered buy on friday afternoon as discussed remained in buy mode , if a sell is generated in afternoon , will be updated on platforms Decision range 35093-35276 Resistance for the day 35567...

Bigbear2022

Ray Solomonoff was the inventor of algo probability , his theorem of Algo information can be effectively applied by modifying lower bounds to achieve automated signals in futures market. Big Bear Reversal Signal ( BBRS ®) enables traders to work on auto mode without watching any other indicator or news. it simply generates buy / sell at probable swing low and...

Bigbear2022

As discussed yesterday and today morning on Platforms , bank Nifty hit a opening high near 34900 which was straight forward sell without much ado , Bank Nifty went on to hit low at 34463 against our projection of 34460. How these levels of today were derived yesterday can be seen from my y'day post Decision Range 34660 - 34713 Resistance for the day 34908...

Bigbear2022 Updated 

As discussed on platforms , Bank Nifty hit a high in first hour gradually moving to our target zone of 34600 during the day , low was hit 30 min before close at 34558. 35000 PE tripled during day giving good gains , Option selling was straight forward with Morgan dumping 92k contracts in 15 min around 35000 levels. Decision Range 34700 - 34803 Resistance for...

Bigbear2022

As discussed in public channel bank nifty had institutional support around 37048. Bank Nifty hit a low of 37058 giving very easy entry to option on long side. Overall good expiry for option buyers Decision range 37379-37481 Support for the day 37097 Resistance for the day 37814 Expectations Range bound day with explosive move in last hour Real time...

Bigbear2022

As discussed before open , market remained in a range bound mode whole day with Nifty making a low at our projection of 15882. nifty made a low of 15882.6 , bank nifty made a low of 35674 against our projection of 35681. All projections of day low / high are shared before open on Nifty raiders platform ( description below ) Algo trading using AWS ( amazon web...

Bigbear2022

As discussed before open Bank Nifty hit a low of 34525 against our projection of 34472. Markets were quite volatile however unable to stretch to ideal range to sell , nevertheless puts easily doubled without much hassle. Decision range 34622-34733 Support for the day 34416 Resistance for the day 34838 Expectations Range bound day Real time updates...

Bigbear2022

As discussed before open Bank Nifty had a volatile day with high hit in first hour. Nifty made a high of 15895 against our shorting level of 15893. Bank Nifty and Nifty puts doubled without much hassle. Decision range 34833-34972 Support for the day 34497 Resistance for the day 35142 Expectations Range bound day Real time updates Nifty high was...

Bigbear2022

As discussed before open bank nifty had a quite volatile session. Day High = 34882 , our projection = 34912 Day low = 34458 , our projection = 34512 Puts went 4x without much hassle at top range. Daily range is posted on nifty raiders platform before open ( check description below ) Decision range 34623-34677 Support for the day 34405 Resistance for...