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Thursday, August 18, 2011
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.
Wednesday, August 17, 2011
Trading ideas for 18/08/2011
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
-139 | -240 | +190 | +13 |
FII Cash | -407 | ||
DII Cash | +169 | ||
India VIX : 25.48 down by 0.98 points
Call OI : 50277050
Put OI : 48879350
PCR : 0.972
SMR : 26.21
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 5966 | 5010 | 5060 | 5112 | 5162 |
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)
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
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.
Expected Bullish Stocks For 18/07/2011:SUNPHARMA, IDEA, RENUKA, COALINDIA, VIPIND .
Expected Bearish Stocks For 18/07/2011: BFUTILITIE, AXISBANK, BAJAJHLDNG , COREPROTEC .
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.
Tuesday, August 16, 2011
Trading ideas for 17/08/2011
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
+799 | -1643 | +514 | +22 |
FII Cash | -216 | ||
DII Cash | +251 | ||
India VIX : 26.46
Call OI : 50859050
Put OI : 48066850
PCR : 0.945
SMR : 28.00
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 4940 | 5995 | 5058 | 5108 | 5177 |
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)
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
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.
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 .
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.
Saturday, August 13, 2011
Trading ideas for 16/08/2011
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
-648 | +200 | +116 | +6 |
FII Cash | -471 | ||
DII Cash | +99 | ||
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
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 5968 | 5017 | 5108 | 5164 | 5250 |
- 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)
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
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.
Expected Bullish Stocks For 16/07/2011: GUJFLUORO, LT, ORCHIDCHEM, TECHM.
Expected Bearish Stocks For 16/07/2011: SBI, TATASTEEL, BAJAJHIND, IDFC, INDUSINDBK.
Thursday, August 11, 2011
Trading ideas for 12/08/2011
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.
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
-29 | +327 | -362 | -8 |
FII Cash | -59 | ||
DII Cash | +266 | ||
India VIX : 29.09
Call OI : 48399050
Put OI : 48884350
PCR : 1.010
SMR : 28.80
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5082 | 5110 | 5152 | 5177 | 5213 |
- 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)
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
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.
Expected Bullish Stocks For 12/08/2011: EXIDEIND, ARVIND, PIRHEALTH, RPOWER, RCOM.
Expected Bearish Stocks For 12/08/2011: TATAPOWER, PNB, JETAIRWAYS, FINANTECH.
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.
Wednesday, August 10, 2011
Trading ideas for 11/08/2011
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
+1528 | +243 | +216 | -5 |
FII Cash | +152 | ||
DII Cash | +289 | ||
India VIX : 28.78 up by 3.88 points
Call OI : 49106700
Put OI : 48227800
PCR : 0.982
SMR : 29.48
Call OI : 49106700
Put OI : 48227800
PCR : 0.982
SMR : 29.48
5DMA=5177
20DMA=5459
50DMA=5490
200DMA=5670
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5084 | 5126 | 5160 | 5198 | 5236 |
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)
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
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.
Expected Bullish Stocks For 11/08/2011: CHAMBLFERT, MARUTI, BAJAJHLDNG, HOTELEELA, VIPIND.
Expected Bearish Stocks For 11/08/2011: IOB, POLARIS, SUNTV.
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.
Tuesday, August 9, 2011
Trading ideas for 10/08/2011
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
-168 | +1978 | +718 | +24 |
FII Cash | -2104 | ||
DII Cash | +1412 | ||
India VIX : 34.88
Call OI : 50075400
Put OI : 46022150
PCR : 0.919
SMR : 37.95
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5840 | 5958 | 5060 | 5180 | 5280 |
- 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)
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
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.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.
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.
Saturday, August 6, 2011
Trading ideas for 9/08/2011
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
+126 | +546 | +531 | -1 |
FII Cash | -1385 | ||
DII Cash | +1320 | ||
India VIX : 28.78
Call OI : 48462150
Put OI : 41340050
PCR : 0.853
SMR : 33.74
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5976 | 5048 | 5126 | 5198 | 5278 |
- 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)
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
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.
Expected Bullish Stocks For 9/08/2011: COALINDIA, CHAMBLFERT, AREVAT&D, TATACHEM, ACC.
Expected Bearish Stocks For 9/08/2011: DHANBANK, ULTRACEMCO, SREINFRA, GAIL.
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
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
+81 | +1001 | +316 | -19 |
FII Cash | -1788 | ||
DII Cash | +1372 | ||
Call OI : 46507600
Put OI : 38098050
PCR : 0.819
SMR : 30.40
India VIX : 24.90
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
5070 | 5140 | 5185 | 5252 | 5298 |
- 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)
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
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.
Expected Bullish Stocks For 8/08/2011: BPCL, IDEA, OIL, NMDC.
Expected Bearish Stocks For 8/08/2011: COREPROTEC, GLAXO, ONMOBILE, KSOILS,VIDEOIND.
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.
Thursday, August 4, 2011
Trading ideas for 5/08/2011
Nifty will open very week around 5270 which is another support break will take to 5190.
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
-635 | -588 | -157 | -10 |
FII Cash | -254 | ||
DII Cash | +316 | ||
India VIX : 20.22 up by 0.74 points - Only around 25 its high until it means fear is not there so shorts are not covered.
Call OI : 41883300
Put OI : 36955750
PCR : 0.883
SMR : 22.90 - highly berish
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 5250 | 5294 | 5365 | 5405 | 5476 |
Weekly support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 5298 | 5396 | 5548 | 5640 | 5796 |
- Nifty Open Interest for August stands at 2,36,31,800 up by 6,77,600 with decrease in price (Huge build-up of short)
- Bank Nifty Open Interest for August stands at 12,75,825 up by 72,375 with decrease in price (Shorts build up)
For 5/08/11 NF may take support at 5280
Above 5345 NF may rally up to 5375
Below 5270 NF may correct up to 5245
NIFTY LEVELS
Nifty future's projected high and low for next session is 5350 and 5240 (use this projection with other indicators). Nifty future's immediate support now comes around 5280 zone. If sustains that zone then it will towards 5340 zone. Crossover and sustenance above 5340 will show buying to 5370 level itself. But if cannot sustain above 5280 level it will again retest 5260 and this time below 5260 a real free fall will be seen which may take Nifty future upto 5200 zone.
OPTION DATA ANALYSIS
As per OI Table huge call writing was seen at 5300,5400 and 5500 while put unwinding was seen at 5400 and 5500. Bears took full control. Next support comes only around 5260 levels. 5500 is resistance while 5300 is 50/50 chance. PCR went below 1 which is bearish.
Expected Bullish Stocks For 5/08/2011: CUMMINSIND, BPCL, IDEA, GAIL..
Expected Bearish Stocks For 5/08/2011: ADANIPOWER, MAX, FEDERALBNK, VIPIND, BOMDYEING, .
Trading ideas for 4/08/2011
Staying above 5430 nifty will try to go above 5525 and finishing below 5400 is berish
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
-1354 | +157 | -182 | -3 |
FII Cash | -869 | ||
DII Cash | +422 | ||
India VIX : 19.48 up by 0.33 points
Call OI : 36897600
Put OI : 37320600
PCR : 1.011
SMR : 19.26
20DMA=5569
50DMA=5525
100DMA=5580
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 5356 | 5380 | 5405 | 5426 | 5448 |
Weekly support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 5300 | 5392 | 5546 | 5336 | 5794 |
- Nifty Open Interest for August stands at 2,29,54,200 up by 20,16,150 with decrease in price (Huge Short Build-up)
- Bank Nifty Open Interest for August stands at 12,03,450 up by 1,90,200 with decrease in price (Short Build-up)
For 4/08/11 NF may take support at 5430
Above 5438 NF may rally up to 5475
Below 5405 NF may correct up to 5370
NIFTY LEVELS
Nifty future's projected high and low for next session is 5490 and 5400 (use this projection with other indicators). Nifty future's immediate support now comes around 5430 zone. If sustains that zone then it will towards 5470 zone. Crossover and sustenance above 5470 will show buying to 5510 level itself. But if cannot sustain above 5430 level it will again retest 5405 and this time below 5405 a real free fall will be seen which may take Nifty future upto 5370 zone.
OPTION DATA ANALYSIS
As per OI Table call writing was seen at 5400, 5500 and 5600 while put writing was seen at 5300 and some writing was also seen at 5400 put.The PCR is just 1.011. Nifty OI was up by 20.16 lacs mainly due to short build-up
Expected Bullish Stocks For 4/08/2011:INDHOTEL, IDEA, PRAJIND, HINDOILEXP, BANKBARODA .
Expected Bearish Stocks For 4/08/2011: BHARTIARTL, IVRCLINFRA, LT .
Wednesday, August 3, 2011
Trading ideas for 3/08/2011
FII DERIVATIVES | |||
Index Future | Index Option | Stock Future | Stock Index |
-630 | +380 | -407 | +7 |
FII Cash | -201 | ||
DII Cash | +139 | ||
India VIX : 19.15 up by 0.37 points
Call OI : 34249600
Put OI : 35159350
PCR : 1.027
SMR : 18.65
Intraday support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 5390 | 5425 | 5460 | 5490 | 5520 |
Weekly support and resistance:
S2 | S1 | Pivot | R1 | R2 |
| 5300 | 5392 | 5548 | 5636 | 5796 |
- Nifty Open Interest for August stands at 2,09,38,050 up by 8,04,200 with decrease in price (Short Build-up)
- Bank Nifty Open Interest for August stands at 10,13,250 up by 91,225 with decrease in price (Short Build-up)
For 3/08/11 NF may take support at 5450
Above 5480 NF may rally up to 5525
Below 5430 NF may correct up to 5370
NIFTY LEVELS
Nifty future's projected high and low for next session is 5490 and 5380 (use this projection with other indicators). Nifty future's immediate support now comes around 5430 zone. If sustains that zone then it will towards 5460 zone. Crossover and sustenance above 5460 will show buying to 5505 level itself. But if cannot sustain above 5430 level it will again retest 5400 and this time below 5400 a real free fall will be seen which may take Nifty future upto 5370 zone.
OPTION DATA ANALYSIS
As per OI Table 5500, 5600, 5700 and 5800 calls are written while 5300 and 5200 puts are written and some unwinding was seen in 5600 and 5700.
The good thing for bulls is 5400 put was also written and no unwinding was seen in 5500 put. Apart from that small number for bulls all went in favour of bears control and they are using all the chances to increase the short in every rise. break of the above level is needed for further move.
Expected Bullish Stocks For 3/08/2011: COLPAL, CHAMBLFERT, NAGARFERT, ABB.
Expected Bearish Stocks For 3/08/2011: ASHOKLEY, AUROPHARMA, TTKPRESTIG, TATACHEM, SINTEX.
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