FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
+641 | +1762 | +96 | -4 |
FII Cash | +444 | ||
DII Cash | +243 | ||
India VIX : 17.91 down by 0.84 points
Call OI : 42048900
Put OI : 51557450
PCR : 1.226
SMR : 14.61
5DEMA: 5571
10DEMA: 5580
20DEMA: 5569
50DEMA: 5569
RSI (15 days): 47.94
Parabolic SAR: 5708
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5540 | 5588 | 5614 | 5661 | 5690 |
Weekly support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5490 | 5565 | 5605 | 5675 | 5715 |
- Nifty Open Interest for July stands at 1,95,95,650 down by 10,46,350 with increase in price (100% Rolled Over and Huge Long Build-up in August Series)
- Bank Nifty Open Interest for July stands at 9,52,975 down by 62,350 with increase in price (Short Covering)
For 25/07/11 NF may take support at 5645
Above 5645 NF may rally up to 5770
Below 5645 NF may correct up to 5610
NIFTY LEVELS
Nifty future's projected high and low for next session is 5700 and 5600 (use this projection with other indicators). Nifty future's immediate support now comes around 5630 zone. If sustains that zone then it will towards 5670 zone. Crossover and sustenance above 5670 will show buying to 5710 level itself. But if cannot sustain above 5630 level it will again retest 5605 and this time below 5605 a real free fall will be seen which may take Nifty future upto 5580 zone.
OPTION DATA ANALYSIS
Call Option 5400,5500,5600 and 5700 covered in huge amount of OI. Put Option 5500,5600 and 5700 added in huge amount of OI. Highest OI in Call option can be seen at 5800 at 1.07 Cr whereas Put option 5500 at 1.12 Crore .
Expected Bullish Stocks For 25/07/2011: UNIONBANK, BHARTIARTL, PRAJIND, CHAMBLFERT, UNIONBANK, ARVIND.
Expected Bearish Stocks For 25/07/2011: IBREALEST,IOC, BRFL.
Interesting Rishika, but none of the other indicators are showing any signs of upmove! I have a strong feeling that those 5500 puts were written by DII's when FII's were buying left right center in equities. Now FII's are net short big time in derivatives also so they can easily sell in some cash and reap huge profits. What would be your view on this. Thanks
ReplyDeleteWhen you talk about FII. in cash segment from 1st july till yesterday they were net buyers for 4,200Crore while in the same period in index future they are net sellers for -867C but no one knows what they did in option whether its call or put. however it does not matter to me who writes this 5500 put but OI is very high to break even when we touched 5531 there was no unwinding in 5500 put and even when world market was falling last week we were down only by around 20 points on those days. If players were net sellers on those days we could have had atleast 50 points down in nifty which did not happened.
ReplyDeleteReliance deal is positive and their results may beat the market estimate due to their better advance tax and hope icici will do the same which are heavy weight in nifty.
only if i see 5500 put unwinding and shorts building up in nifty future along with FII data with net sell i may change my view.
Regards
Regards
What you are saying makes perfect sense, which is what is frightening me as I am heavily short this expiry! 4 days to go and I'm literally looking for any cover that might lend any credence to a downside. Let's see what happens and thanks for your response, Rishika.
ReplyDeleteCheers
that was my guess work but market is supreme. let us see.
ReplyDeletenifty expiry range is just a prediction not a call. i take calls on daily basic.
ReplyDeleteRegards
Rishika, What do you make of the stand-off on the US debt deal? Whatever comes off either ways before Asian markets open tomorrow will be bad news it seems!
ReplyDeleteGM Rishika...
ReplyDeleteGA ganesh
ReplyDeletei may go long in nifty above 5648
ReplyDeleteeven in this bad world market they are maintaining nifty in this level. looks like it will be range bound market for today and till RBI meeting and chances are high to take it to higher level even if market world trades flat on Wednesday or the day after.
ReplyDeleteDownside looks limited..
Regards
i am already out from reliance 900 august call. offline order executed. only holding sail call.
ReplyDeletetaking long above 5648 may also not give much gain because of poor world market, reliance results and RBI. will trade in range bound and rise after a couple of days.
ReplyDeleterishika great nifty call when many people are expecting nifty to break 5600. nice prediction.
ReplyDeletei will booking out my nifty at 5673 and changed my SL to buy price
ReplyDeleterevised to 5670 and sold it for 22 points proit
ReplyDeleteSorry for late reply Rishika,
ReplyDeleteI took 5700ce @24 and booked out 38..Thanks..
ganesh thats nice. i missed to buy option. i thought a small up move for today so i went for nifty.
ReplyDeleteNow no position in hand...
ReplyDeleteany expiry trade or next month one...
i am holding only sail 140 call aug about that for 2.65 could be couple of days back.
ReplyDeleteno nothing in my mind now. will take fresh call tomorrow.
OKK..Rishika,
ReplyDeleteThanks...
Expiry adjustments will happen last 2 days before expiry and after that chances of market moving higher are more.
ReplyDelete5800 is huge resistance for this series. so it may be hard for market to go above that level. we are almost in the upper level for this series.
ReplyDeleteMarket in over bought, any sell off are u expecting before expiry...
ReplyDeleteHolding short may not reward much and its hard to go below 5640.
ReplyDeletei may take a small risk in RCOM by buying 105 put but its high risk. i told a week back that rcom will hit above 103 but sofar not taken any position.
ReplyDeleteRishika july or august one rcom put....CMP?...
ReplyDeletenot august. july. very high risk. Rcom may finish expiry just less than 105.
ReplyDeletei have not taken any position in RCOM
are u entering today or tomorrow rcom put....Now market closing time no trade from my side...Lets take fresh trade tomorrow..
ReplyDeleteNo. i will not take any more trade for today. just like you will take a fresh view on tomorrow.
ReplyDeleteOKK..Rishika....
ReplyDelete