Trading ideas for 28/09/2011

Trading ideas for 28/09/2011(Wednesday)

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
+1255	+1062	+432	+31
FII Cash	+34
DII Cash	+270

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India VIX : 32.01 down by 3.42 points
Call OI : 41724850
Put OI : 51587550
PCR : 1.236
SMR : 25.89

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
4880	4932	5960	5005	5035

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Nifty Open Interest for September stands at 1,70,84,700 down by 45,28,800 with increase in price (30 lacs were rolled over to October Series with huge short covering)

Bank Nifty Open Interest for September stands at 8,49,325 down by 4,77,225 with increase in price (100% Rolled over to October, and some long addition)

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For 28/09/11 NF may take support at 4980

Above 4980 NF may rally up to 5040

Below 4980 NF may correct up to 4930

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OPTION DATA ANALYSIS


As per OI Table put writing was seen at 490o and 5000 while call writing was seen above 5000 to 5200. 5100 will give some resistance with positive bias while 5000 is still 50/50 chance.

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Expected Bullish Stocks For 28/09/2011:GLAXO, RELCAPITAL ,TVSMOTOR, COREEDUTEC .

Expected Bearish Stocks For 28/09/2011:ULTRACEMCO, CIPLA, SUNTV .

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Trading ideas for 27/09/2011

Trading ideas for 27/09/2011(Tuesday)

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
-113	-1200	-89	-16
FII Cash	-1083
DII Cash	+575

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India VIX : 35.43 up by 0.27 points
Call OI : 45552900
Put OI : 50673700
PCR : 1.112
SMR : 31.85

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
4705	4770	4828	4890	4930

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Nifty Open Interest for September stands at 2,16,13,500 down by 20,90,700 with decrease in price (100% Rolled over to October Series with some more short addition)

Bank Nifty Open Interest for September stands at 13,26,550 down by 7,20,475 with increase in price (80% Rolled over to October, and some short covering)

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For 27/09/11 NF may take support at 4800

Above 4845 NF may rally up to 4890

Below 4800 NF may correct up to 4760

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OPTION DATA ANALYSIS


As per OI Table put writing was seen from 4700 to 5000 while call writing was seen at 4600 and 4700. not much aggressive writing. looks like a small pause will be here. NAV effect may play in the coming days so nifty upto 4920 is expected. Nifty covered 20.9 lacs of OI in September but added 23.3 lacs in October, 100% were rolled over, with most probably some more shorts added to October

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Expected Bullish Stocks For 27/09/2011:TATAMTRDVR, DIVISLAB, IDEA, PNB.

Expected Bearish Stocks For 27/09/2011: ABB, AREVAT&D, INDHOTEL .

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Trading ideas for 26/09/2011

Trading ideas for 26/09/2011(Monday)

NIFTY FUTURE-CMP(4870.7) Yesterday the trend was BEAR In Sep series Nifty future shed 3.19 lakh position in Open Interest and this accounts to -1.34 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 2.95 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 4.82 lakh position in open interest and this accounts to 1.62 % of Total Open Interest in all series and cumulatively trading in average premium of 17.62 Rs to Underlying. The open interest is also increasing with trend

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
-446	-45	+367	+5
FII Cash	-1279
DII Cash	+765

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India VIX : 35.16 up by 1.28 points
Call OI : 44315150
Put OI : 52937350
PCR : 1.195
SMR : 29.43

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
4770	4825	4875	4915	4970

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Nifty Open Interest for September stands at 2,37,04,200 down by 3,18,550 with decrease in price (Long Liquidation)

Bank Nifty Open Interest for September stands at 20,47,025 down by 21,150 with decrease in price (Long Liquidation)

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For 26/09/11 NF may take support at 4830

Above 4870 NF may rally up to 4915

Below 4830 NF may correct up to 4790

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OPTION DATA ANALYSIS


As per OI Table huge writing was seen 4700, 4800, 5000 and 5100 calls while short covering was from 4700 to 5200. Looks too bearish but shorting in these level is too risky with huge support is there in 4800 and 4700. Nifty covered 3.2L OI which is long liquidation.

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Expected Bullish Stocks For 26/09/2011:RUCHISOYA, RPower, UNIONBANK, IDFC, GRASIM, JPAssociate .

Expected Bearish Stocks For 26/09/2011: BEL, JISLJALEQS.

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Will not be available from 19/08/11 till 09/09/11

Due to family function i may not be available from 19/08/11 till 09/09/11. Site will be updated from 12/09/11.

Trading ideas for 18/08/2011

Trading ideas for 18/07/2011(Thursday)



Nifty holding above 5020 will try to go above 5120 until then its sell on rise

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
-139	-240	+190	+13
FII Cash	-407
DII Cash	+169

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India VIX : 25.48 down by 0.98 points
Call OI : 50277050
Put OI : 48879350
PCR : 0.972
SMR : 26.21

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
5966	5010	5060	5112	5162

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Nifty Open Interest for August stands at 2,23,79,100 down by 11,69,600 with increase in price (Huge Short covering)

Bank Nifty Open Interest for August stands at 16,90,175 up by 1,55,475 with decrease in price (Short Buildup)

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For 18/07/11 NF may take support at 5040

Above 5080 NF may rally up to 5125

Below 5010 NF may correct up to 4970

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OPTION DATA ANALYSIS


As per OI Table put writing was seen from 4800 to 5100 while calls were written at 5000 and 5200. Bulls are slowly building some base around 5000 and writing 5000 and below strike which will act a nice support for this series.

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Expected Bullish Stocks For 18/07/2011:SUNPHARMA, IDEA, RENUKA, COALINDIA, VIPIND .

Expected Bearish Stocks For 18/07/2011: BFUTILITIE, AXISBANK, BAJAJHLDNG , COREPROTEC .

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Trading ideas for 17/08/2011

Trading ideas for 17/07/2011(Wednesday)

Still its sell on rise and buy on huge gap down until nifty break 5170 and confirms by closing above 5210 .

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
+799	-1643	+514	+22
FII Cash	-216
DII Cash	+251

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India VIX : 26.46
Call OI : 50859050
Put OI : 48066850
PCR : 0.945
SMR : 28.00

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
4940	5995	5058	5108	5177

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Nifty Open Interest for August stands at 2,35,48,700 down by 1,29,800 with decrease in price (Long Liquidation)

Bank Nifty Open Interest for August stands at 15,34,700 up by 1,06,075 with decrease in price (Huge Short Buildup)

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For 17/07/11 NF may take support at 5030

Above 5045 NF may rally up to 5075

Below 5030 NF may correct up to 4970

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OPTION DATA ANALYSIS


As per OI Table put option 4800, 4900 and 5000 along with call option 5000, 5100 and 5200 were written. 5000 still a decent support at 5000 but nifty looks very week use the chance to sell on gap up and buy on huge gap down.

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Expected Bullish Stocks For 17/07/2011:GUJFLUORO, BHARTIARTL, HEROMOTOCO, DISHTV, ZEEL .

Expected Bearish Stocks For 17/07/2011: PNB, BIOCON, IVRCLINFRA, PUNJLLOYD, GTL, NCC .

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Trading ideas for 16/08/2011

Trading ideas for 16/07/2011(Tuesday)



Every rise are been sold. After 5225 yesterday 5120 zone witnessed huge selling and it may act a resistance for bulls still nifty has to take 5210

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
-648	+200	+116	+6
FII Cash	-471
DII Cash	+99

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India VIX : 28.78
Call OI : 50705950
Put OI : 47735000
PCR : 0.941
SMR : 28.70
ADV/DEC  555/854

SMA-7: 5158.09   SMA-13: 5307.80   SMA-26: 5451.88   SMA-50: 5475.04   SMA-200: 5661.99
EMA-12: 5256.77   EMA-26: 5376.40   EMA-50: 5449.01   EMA-200: 5548.50   MACD: -119.63

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
5968	5017	5108	5164	5250

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• Nifty Open Interest for August stands at 2,36,78,500 up by 9,93,500 with decrease in price (Short Buildup)

• Bank Nifty Open Interest for August stands at 14,28,625 up by 66,050 with decrease in price (Short Buildup)

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For 16/07/11 NF may take support at 5080

Above 5125 NF may rally up to 5175

Below 5040 NF may correct up to 4970

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OPTION DATA ANALYSIS


As per OI Table call writing was seen from 5000 to 5400 while profit booking was seen in puts from 5000 and higher strikes but puts were added at 4800(could be some one betting on 4800). Highest call option was seen only at 5500 and put option was at 5000. So 5000 may provide some support but FII are not coving much of their short and even when world market are green we finished red which does not look good. If in any case we go near 4800 i may buy some stocks.

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Expected Bullish Stocks For 16/07/2011: GUJFLUORO, LT, ORCHIDCHEM, TECHM.

Expected Bearish Stocks For 16/07/2011: SBI, TATASTEEL, BAJAJHIND, IDFC, INDUSINDBK.

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Trading ideas for 12/08/2011

Trading ideas for 12/07/2011(Friday)

Nifty moving in sideways for direction break of 5070 or 5210 will give further direction while i feel it may break upside but i will sell my calls even for small profit.

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
-29	+327	-362	-8
FII Cash	-59
DII Cash	+266

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India VIX : 29.09
Call OI : 48399050
Put OI : 48884350
PCR : 1.010
SMR : 28.80

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
5082	5110	5152	5177	5213

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• Nifty Open Interest for August stands at 2,26,85,000 up by 53,850 with decrease in price (Short Buildup)

• Bank Nifty Open Interest for August stands at 13,62,575 up by 12,600 with decrease in price (Short Buildup)

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For 12/08/11 NF may take support at 5115

Above 5180 NF may rally up to 5225

Below 5110 NF may correct up to 5070

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OPTION DATA ANALYSIS

As per OI Table put writing was seen at 5000 and 5100 while not much call writing was seen.not much activity in OI table. while 4600 put had a huge unwinding and 4700 put had a huge addition. could be some one may be buying 4700 put in anticipation of a fall.

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Expected Bullish Stocks For 12/08/2011: EXIDEIND, ARVIND, PIRHEALTH, RPOWER, RCOM.

Expected Bearish Stocks For 12/08/2011: TATAPOWER, PNB, JETAIRWAYS, FINANTECH.

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Trading ideas for 11/08/2011

Trading ideas for 11/08/2011(Thursday)

Above 5210 nifty will test 5400 below 5040 nifty is very week

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
+1528	+243	+216	-5
FII Cash	+152
DII Cash	+289

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India VIX : 28.78 up by 3.88 points
Call OI : 49106700
Put OI : 48227800
PCR : 0.982
SMR : 29.48

5DMA=5177
20DMA=5459
50DMA=5490  
200DMA=5670

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
5084	5126	5160	5198	5236

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NIFTY Future closed at 5158.65 (Rs. 2.35 DISCOUNT) with a turnover of Rs. 13542.47 Crores.
Sheds 1063300 shares(-4.49%) in open interest bringing down the open interest to 22631150 shares. ( Some more shorts were covered)

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For 11/08/11 NF may take support at 5170

Above 5210 NF may rally up to 5275

Below 5140 NF may correct up to 5090

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OPTION DATA ANALYSIS

As per OI Table 5000 is getting close to 8C mark and will act a support for this series while strong resistance comes only near to 5450. 5000, 5100 puts were written while 5200 and 5300 calls are written in small quantity.  

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Expected Bullish Stocks For 11/08/2011: CHAMBLFERT, MARUTI, BAJAJHLDNG, HOTELEELA, VIPIND.

Expected Bearish Stocks For 11/08/2011: IOB, POLARIS, SUNTV.

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Trading ideas for 10/08/2011

Trading ideas for 10/08/2011(Wednesday)

Market is highly volatile play with hedge and be with cash and wait for clear direction

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
-168	+1978	+718	+24
FII Cash	-2104
DII Cash	+1412

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India VIX : 34.88
Call OI : 50075400
Put OI : 46022150
PCR : 0.919
SMR : 37.95

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
5840	5958	5060	5180	5280

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• Nifty Open Interest for August stands at 2,36,94,450 down by 32,000 with decrease in price (very mall shorts by small players were covered)

• Bank Nifty Open Interest for August stands at 13,71,875 down by 55,250 with decrease in price (same here too very small)

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For 10/08/11 NF may take support at 5070

Above 5085 NF may rally up to 5145

Below 5070 NF may correct up to 4990

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OPTION DATA ANALYSIS

As per OI Table 4900, 5000, 5300 calls while 4200, 4300, 4400, 4500 and 4600 puts where written. .

Strong Resistance comes only at 5500 while 5000 may act decent support. Any good news will take nifty around 5400 and at the same time once break of 5000 there is not much big support. Market is highly volatile play safe.

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Expected Bullish Stocks For 10/08/2011: TECHM, FINANTECH, M&M, HDFC, IBREALEST, ITC.

Expected Bearish Stocks For 10/08/2011: GUJFLUORO, TCS, ABB, BGRENERGY.

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Trading ideas for 9/08/2011

Trading ideas for 9/08/2011(Tuesday)

Inta pull back was again shorted

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
+126	+546	+531	-1
FII Cash	-1385
DII Cash	+1320

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India VIX : 28.78
Call OI : 48462150
Put OI : 41340050
PCR : 0.853
SMR : 33.74

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
5976	5048	5126	5198	5278

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• Nifty Open Interest for August stands at 2,37,26,450 down by 5,38,500 with decrease in price (Huge Short Build-up)

• Bank Nifty Open Interest for August stands at 14,27,125 up by 53,525 with decrease in price (Short Build-up)

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For 9/08/11 NF may take support at 5050

Above 5180 NF may rally up to 5135

Below 5050 NF may correct up to 4990

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OPTION DATA ANALYSIS

As per OI Table call writing was seen at 5000 to 5400 while put writing was seen 5100 to 4700. Support comes around 5000 while resistance comes around 5400. Bears are taking all the chances to short in every rise. Nifty OI was again down with short building up. FII are net sellers in cash while net buyers in index and stock futures when they turn net buyers in cash market will stabilise. In any case if we see market near 4800 in this week use the opportunity to buy stocks. 

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Expected Bullish Stocks For 9/08/2011: COALINDIA, CHAMBLFERT, AREVAT&D, TATACHEM, ACC.

Expected Bearish Stocks For 9/08/2011: DHANBANK, ULTRACEMCO, SREINFRA, GAIL.

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.

Trading ideas for 8/08/2011

Trading ideas for 8/08/2011(Monday)

Some positional shorts were covered while intra shorts were covered in the day itself. No new shorts were created on friday while still shorts are pending. PCR going low and SMR going up. Caution required for new shorts. SL for shorts could be 5235 spot.

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FII DERIVATIVES
Index Future	Index Option	Stock Future	Stock Index
+81	+1001	+316	-19
FII Cash	-1788
DII Cash	+1372

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Call OI : 46507600
Put OI : 38098050
PCR : 0.819
SMR : 30.40

India VIX : 24.90

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Intraday support and resistance:

S2	S1	Pivot	R1	R2
5070	5140	5185	5252	5298

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• Nifty Open Interest for August stands at 2,31,87,950 down by 4,43,850 with decrease in price (Some positional shorts are covered along with intra shorts taken around 5185 too covered)

• Bank Nifty Open Interest for August stands at 13,73,600 up by 97,775 with decrease in price (Short Build-up)

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For 8/08/11 NF may take support at 5175

Above 5235 NF may rally up to 5275

Below 5175 NF may correct up to 5120

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OPTION DATA ANALYSIS

As per OI Table huge call option of 5100, 5200 and 5300 were written while.put option were written below 5000 and short covering seen in 5100, 5300 and 5400 put.

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Expected Bullish Stocks For 8/08/2011: BPCL, IDEA, OIL, NMDC.

Expected Bearish Stocks For 8/08/2011: COREPROTEC, GLAXO, ONMOBILE, KSOILS,VIDEOIND.

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NIFTY VIX

• VIX above 60 are dangerous levels. Markets will be highly unpredictable. If Markets are on a high (Nifty P/E above 24), then its advisable to exit the markets completely. Markets may be hot and totally bullish, but will most likely face a darker correction. Its just a question of time.
• VIX below 20 mostly indicate a more stable markets, purely because the volatility is less. It does not mean that markets wont fall. It just means that markets will follow predictable fundamental supports and resistances.

SMR = Smart Money Ratio (India VIX / PCR)

SMR is a measure of fear in the market. A value of less than 20 indicates that market is lack of fear and volatility and the higher PCR ratio(greater than 1) supports such kind of action. And a value of 60 or greater than 60 indicates too much of fear in the market which is highly motivated with lower PCR ratio (less than 1). It is a kind of indicator which provides information about which kind of market we are right now.

Put/Call Ratio

Put/call ratio (or put-call ratio, PCR) is a technical indicator demonstrating investors' sentiment.[1] The ratio represents a proportion between all the put options and all the call options purchased on any given day.

The market has bottomed when PCR was around 0.8-0.9 and topped when it was 1.2 or above.

HOW TO INTERPRET THESE VALUES

SMR with a value less than 15 indicates the market is lack of fear and volatility and along with high PCR ratio more than 1 supports such kind of action. And a value of more than 25 indicates too much of fear in the market which along with lower PCR ratio of less than 1 confirms it. It gives the mind of players in the market.