FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
| +56 | +90 | -392 | -12 |
FII Cash | -90 | ||
DII Cash | +20 | ||
India VIX : 19.11 down by 0.14 points
Call OI : 47065200
Put OI : 49010700
PCR : 1.041
SMR : 18.35
5DEMA: 5585
10DEMA: 5588
20DEMA: 5572
50DEMA: 5568
RSI (15 days): 50.15
Parabolic SAR: 5713
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5495 | 5530 | 5585 | 5622 | 5678 |
Weekly support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5415 | 5505 | 5576 | 5657 | 5734 |
Nifty Open Interest for July stands at 2,15,85,150 up by 5,89,200 with decrease in price (Huge Short Buildup)
Bank Nifty Open Interest for July stands at 10,65,250 up by 50 with decrease in price (No Change in OI)
For 21/07/11 NF may take support at 5560
Above 5560 NF may rally up to 5590
Below 5560 NF may correct up to 5520
NIFTY LEVELS
Nifty future's projected high and low for next session is 5600 and 5510 (use this projection with other indicators). Nifty future's immediate support now comes around 5550 zone. If sustains that zone then it will towards 5590 zone. Crossover and sustenance above 5590 will show buying to 5620 level itself. But if cannot sustain above 5550 level it will again retest 5520 and this time below 5520 a real free fall will be seen which may take Nifty future upto 5490 zone.
OPTION DATA ANALYSIS
As per OI Table bears took full control from day open. Today they have started to write even 5500 call along with 5600 and 5700. unwinding of puts was seen in 5700, 5600 and in small quantity in 5500. Range for expiry looks 5480 to 5650. 5500 still looks strong support while 5700 is strong resistance and 5600 is still 50/50 chance with negative bias.
The PCR is at 1.04, down from 1.22 of yesterday which seems bearish. Nifty OI was up by 5.89 lacs mainly due to short build-up.Too much change is going on in the OI table on a daily basis and it’s becoming difficult taking call based on OI Table alone.
The PCR is at 1.04, down from 1.22 of yesterday which seems bearish. Nifty OI was up by 5.89 lacs mainly due to short build-up.Too much change is going on in the OI table on a daily basis and it’s becoming difficult taking call based on OI Table alone.
Expected Bullish Stocks For 21/07/2011:ARVIND, GITANJALI, IRB, PRAJIND, PETRONET .
Expected Bearish Stocks For 21/07/2011: HAVELLS, LUPIN, CROMPGREAV, LICHSGFIN, INDHOTEL.
GM Rishika,
ReplyDeleteAny fresh trade today....
if you play options and willing to take risk then can try icicibank 1050 call. it does not look to have more movement in nifty could be a range bound but chances of falling down are less.
ReplyDeleteit will try to go near 5600
ReplyDeletewill buy nifty above 5582
ReplyDeleteThanks Rishika..
ReplyDeleteI will try to buy icici call...
just 5 more days for expiry its almost like gamble.
ReplyDeletethe above post was related to buying option.
ReplyDeletefor further downside nifty has to break 5530 and then 5490 otherwise this downside could be a false breakdown
ReplyDeleteokk..Thanks
ReplyDeleteRishika ,
ReplyDeleteNifty buy level 5582 is spot or future one...
went long in nifty at 5555 SL 5539
ReplyDeletegood rishika,
ReplyDeletei am having 5500put and 5600 call....both around 80 points.... can i hold or book out..now both at 62
it looks like rangebound in between 5500 and 5600. 5500 put highest OI 5600 call is also getting near 10C mark. so it could be range bound atleast for today. so time decay may kill the option.
ReplyDeletehmm....yes u are correct...
ReplyDeleteSL hit sorry
ReplyDeletelast few days very choppy movement....
ReplyDeleteyes 5500 put 5600,5700 and 5800 call all over 10C now
ReplyDeleteSo option writter enjoying... buyers suffering....
ReplyDeleteBad day. not a worry. Best of luck for tomorrow.
ReplyDelete