Hello Traders good Morning!
> Yesterday we where expecting the market to take a pullback into the previous day open gap but Market continued to take support just few points below the open. This is because short's covered their position with profits from gap down. Which have later became the level for the market. Last two days sentiment was very good in our...
> SGX Nifty indicating negative start for the market.
> ASIA broadly in mild red.
> Both FII & DII have got in cash
> FII Long in index future
> Max pain @ 33500. strong
> OI Support @ 33k & resistance @ 34K for the week
> US & Europe in selling pressure
> Sell @ high's will be more beneficial. Trade safely & Responsibly.
> Try not to loose 2rs to...
Hello Traders! Good morning to all..
> yesterday market performed more than expected. Thanks to call option sellers.
> Today also SGX Nifty indicating positive start
> Since we have moved more than 4%. I am expecting the market to trade between yesterday's range.
> By yesterdays close we had the max pain at 33000. So we can expect the market to give a pull back...
> After week's time largely major global index's have closed green in the last trading session.
> FII have bought in index future for more than 600cr
> In the month of Feb FII have created huge long positions almost at this rate. Now when price got a pull back from a long uptrend and almost there at feb levels.
FII's buy @ this level can be a...
> Last session ended up negative due to both FII & DII selling.
> Clients have turned to be the only buyers in the market.
> Both FII and DII are long in Put option, expecting the market to go down.
> OI support and resistance @ 33000 & 32000
> Maxpain @ 32500
> Due to weekend tomorrow we may find less liquidity.
> SGX nifty is the only Asian index...
Good Morning to all
> Europe is negative yesterday. US has closed flat
> SGX nifty indicating negative start
> OI support at 32000 and resistance @ 33500 Max pain @ 33000
> FII & DII both sold in cash and FII again short in index future.
> Market largely moved because of gap's for the past few sessions.
> FII can book profit if markets down in the...
> Monday Morning SGX Nifty was showing some positive start.
> Our market gapped up because of this reason.
> We have seen that FII's where net buyers on Friday. Using todays gap they must have booked their profits.
> FII EOD data is negative today.
> Also nifty has strong OI support @ 14900. breaking 14900 can make a lot of put option sellers to unwind their...
> PCR is Negative. More call options sold @ ATM strike. Support @ 32500 in options OI data.
> World market is getting better.
> DII is very much interested in cash on the last trading session and
> FII must be covering their short position or adding long's, however FII is turning into longs now which is positive for the market.
> Banknifty is underperforming...
Hello Traders. Good Morning!
Yesterday the entire day buying happened in the lows. Supporting the market the hold the level,
So Price on retest of that level can gain momentum. Support and resistance is on the chart.
Highest open interest in call option is at 34000 & put option is at 31000. Big move is possible today since the entire week was in sideways.
Hi Friends! Good Morning!
> Nifty PCR Below 1. OI support @14500 & resistance @15000
> Major global index are down in Europe and US.
> In the afternoon when Europe opens we may fall with them.
> OI data reveals that sentiment is negative in our market.
> But our trendline worked as support for multiple times. It can work this time also. In that case nifty...
Hello Friends! Good Morning
Banknifty Analysis for today
> PCR is below 1.25 in banknifty.
> OI Support is @ 32000 and OI resistance @ 33000
> Fii sold less compared to day before yesterday and dii have more interest now in the cash market.
Fii sold very less in the index future.
> European market and US market are down. Asia is getting pull back in some...
Banknifty has given a deeper pullback in RSI. Yesterday nifty performed but banknifty did not. If Nifty performs a little better today bank nifty will rally. The OI data on banknifty is not very strong, PCR is negative in bank nifty. Daily candle lower wic can be support for todays upmove in banknifty.
To know the price actions story watch the yesterdays analysis....
> PCR is 0.5 and the FII have again shorted in cash and index future.
> Except Europe, all the others are falling including US.
> Data backing the market is negative like the options data, FII and global market.
But Price action is in a triangle pattern. yesterday market took support on the pattern and its up. (just take two seconds out to see our yesterdays...
Max pain strike is now at ITM.
PCR-1.31. High selling near ATM on both the sides, There may be very less chance of market being hugely volatile in the upcoming week.
FII have heavily sold on cash and DII cannot buy even half the value of it.
FII also have heavily sold on index future also. Looks like the FII have created shot positions on the market.
Market is below the max pain point.
PCR is 1.52 at the time of close, which indicates more put option- over- call option in -ATM strike.
Panic option sellers closed their positions at 33500 to 34000 put option strikes, caused a sharp move on the downside
But there are put option sellers at 32900 to 33400 Put strikes not selling which are in the money now.
DII Started selling the cash market and FII selling the index future. Max Open Interest in Banknifty for the upcoming week is at 34000 which is very close to the current level. This shows that there is very less chances for an upmove tomorrow. But Banknifty is in the middle of our buy or sell level, My opinion looking at price level is natural. Price is at...
New open interest resistance have moved to 15500 above the all time high. Nifty has reached overbought area. World market are around the all time high and now they are seeing profit booking. Same thing can happen here also. Last two days we have gained more than the world market so selling can happen to save the profits. Do look for selling at high. Support can be...