Observing Crazy option premiums. Nifty Spot Today @ 10:51- 17300.3 17300 CE - 238 17300 PE - 238 Compare that to Prices on Friday @10:30 Nifty Spot 17299 17300 CE - 248 17300 PE - 242 Generally, we see time premiums of around 150 on Monday. And another thing to note is that there is surprisingly low decay over the weekend. I can think only of 2 reasons why...
Spot - 17275 at the time of the post. Avoid going long or buying CE's unless you're pretty sure. There will be blood on the dalal street ..more to come i mean. Once it all settles down, you can buy cheap. Until then keep shorting. The RED line is your pseudo lakshman rekha for now. Only caveat - Nifty shouldn't close above 17240 - 17250 today. Thursday is...
Nifty will be range bound for sometime and then might break 16800 levels pretty soon. So, go long if you want, but with a strict stop loss. For shorters, 17250 should be your stop loss. Use this opportunity to exit, you'll get it cheaper pretty soon. Good Luck and STay safe. Disclaimer - The view expressed here are my personal views. We're not SEBI...
Do you wish to know the reason why Nifty dropped like this?? It's Nifty not Sensex. Let's ask a Technischer Experte Dude/Dame, and their answer will be one or more below - a. you only see candles, but i see zones - demand zone, supply zone, levels - support-resistance levels, and some oscar level acting by the price b. dude i see better, i see shapes inside my...
Options Buyers Beware - Big players taking you for a RIDE! It's Sell on Rise market now. Short at your will! with a strict stop loss. Just see this disparity: SPOT - 17379 17400 PE - 136 (in the money) 17400 CE - 145 (out of money) - no sane person should buy calls in such a situation unless he is doubly sure. Although you see Nifty falling, you may see less...
Nifty broke the 16927 resistance level after a bit of struggle. We might see Nifty trending up towards 17200 tomorrow. Targets: Buy Side, as long as Nifty stays above 16927. Targets: 17020, 17049, 17098, 17192. Sell Side, you may not need this tomorrow. But short Nifty if it falls below 16900 levels. Targets: 16847, 16811, 16751 It's an expiry day tomorrow,...
Nifty had a Gap Up opening today, 1st half it trended up, and trended down in the 2nd half. Although the index gained 150 points from previous close, it's still not in the buy zone yet. As long as Nifty stays below 16900, it's OK to short the index. Wednesdays are generally volatile, keep a strict STOP-LOSS. See which way Nifty is trending, and use the below...
Nifty had a bad fall today. Though Nifty recouped 200 points towards the end, the question is whether this pushed back Nifty into buying zone.. Buy Nifty: Buy as long as Nifty stays above 16700 for targets 16774, 16847, 16896, and perhaps 16937. Sell Nifty: Sell Nifty as long as it stays below 16660-16676 levels for targets 16594, 16551, 16498, 16447,...
Support & Resistance Levels are marked on the chart. Nifty had a gap up opening today, but fell real quickly. Post that it was range bound between 17211 - 17280 mostly. Do Check my post for Today, to see the calls given during trading hours. For Friday, expecting a strong one side move or a range bound day. Up move: If Nifty opens above 17313 or stays...
Support & Resistance Levels are marked on the chart. Today Nifty was range bound, all calls during the day are profitable. We're ahead of the moves twice, closed with minimal profits, and then the moves took place. We observed huge OI addition for 17300 Calls today. So careful before you go long. Down move condition: IF Nifty closes below 17211 in 15min / 30...
Support & Resistance Levels are marked on the Chart. I feel upside moves are still pending, but that view will be negated if Nifty breaks 17226/17211 support zone. If this support zone is broken, we may see sharp moves in the downside towards 17050. Upside, we may see nifty touching 17400 by expiry. Expect a volatile day since it's the day before expiry. ...
Support & Resistance Levels are marked on the Chart. Expecting a gap down opening tomorrow (currently SGX Nifty shows gap up). For now 17411-17415 seems like a strong support, expecting Nifty to touch these levels before breaking 17470 resistance. 17555 seems like a strong resistance. As long as Nifty doesn't comfortably close above 17600, you can expect Nifty...
Support and Resistance Levels are marked on the Chart. Today, Nifty's movement is almost side ways between 117137 - 17186, except for the unexpected drop towards 17064. Bullish expectation in the first hour or so, but the day might end in RED. View may change based on Nifty's movements. Just a tip: If you're into options, it's always safer to trade next...
Support & Resistance Levels are marked on the Chart. Today there was a movement of around 400+ points both sides, but both Puts & Calls ended the day in RED. I'm kind of bullish in the short term, at least for tomorrow. View may change based on how the day starts. Just a tip, even if you sit out the first 15-30 minutes, you still get enough opportunities during...
Expecting a strong trend on Monday..either downside or upside. Levels are marked for both downside & upside movements. SGX Nifty shows 16882. If Nifty opens on similar levels on Monday 2 possibilities may play out STrong Downside (High Probability): Option 1 - Nifty moves towards 16950, but no where near to 17000 and touches the opening levels before falling...
Does NSE wish to keep most of us in the Blind by not updating the Option chain on it's website? It stopped updating on Friday itself. Is there any other credible source? I can see option chain on Sensibull, but you need to manually count oi to get PCR and other stuff.
Just a hunch. 90 mins to EOD. Disclaimer (credits: user indiamarketoutlook) - The view expressed here is my personal view. We're not SEBI registered Analysts. - Always have a STOP LOSS, particularly when you trade options. - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take...
The Parallel Channel that's working for now. Please note that all patterns fail at one point, and you can have multiple patterns that work at the same time. Important region for tomorrow and rest of the expiry week is between 17504-17514. For 2nd December: If Nifty stays above these levels, we can see strong upside moves. Targets - 17550, 17580, 17609, 17644,...