Nifty Levels & Strategy for 18/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty is trying hard to hit new lifttime high. Big players are managing index at higher levels and profit booking is going on in stocks & also at higher levels in indices. Big players have turned neutral and option writers are making good money. Option buyers should stay away and get into trade only when volatility rises and market picks-up the momentum.
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 18/NOV/2022
NIFTY IS DOWN BY -66 POINTS
Name Price Previous Day Change % Change
Nifty 18344 18410 -65.75 -0.36%
India VIX 14.88 15.10 -0.22 -1.47%
OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 9994000, CE LTP: 3.5)
Max OI (Puts) 18000 (Open Interest: 5235650, PE LTP: 30.1)
PCR 0.89 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
Niftyoptionstrategy
NiftyFutures Key Trading Levels for 18th Nov 2022NiftyFutures Key Trading Levels for 18th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 17th Nov 2022 WeeklyExpiryNiftyFutures Key Trading Levels for 17th Nov2022 Weekly Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 16th Aug 2022
NiftyFutures Key Trading Levels for 16th Aug 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 15th Nov 2022NiftyFutures Key Trading Levels for 15th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 15/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty is sideways after decent rally. FIIs/Big players have again turned the bearish and retail traders turned super bullish . Profit booking at higher level is going on. Retail traders should trade carefully near lifetime high amid several global issues. Retail traders should hedge their overnight positions without fail to protect their capital.
Please find below scorecard & options statistics. Options data & PCR is indicating sideways to mild bearish action. Big players have written ATM & OTM calls as well as puts. Long liquidation in ITM calls indicates that traders are not comfortable in carrying calls options. Option buyers should get into action only when market pick-up the momentum (breakout or breakdown) else theta decay in options will continue to hurt option buyers.
NIFTY SCORECARD DATED 14/NOV/2022
NIFTY IS DOWN BY -21 POINTS
Name Price Previous Day Change % Change
Nifty 18329 18350 -20.55 -0.11%
India VIX 14.91 14.41 0.51 3.51%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 8957850, CE LTP: 1.6)
Max OI (Puts) 18000 (Open Interest: 7582450, PE LTP: 11.9)
PCR 0.81 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Short Buildup
NiftyFutures Key Trading Levels for 14th Nov 2022NiftyFutures Key Trading Levels for 14th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 14/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Today, Nifty performed really well. Nifty is slowly moving towards new lifetime high. FIIs/Big players have turned the bullish and retail trader turned super bearish (Why ?????). Profit booking at higher level is okay. Is Nifty looking all set to made new lifetime high. We should continue to look for buy on dips opportunities till Nifty changes it's trend.
Please find below Nifty Scorecard & options statistics. Options data clearly indicating new long positions buildup and short covering in calls and put writing at all levels. May God save retail traders. PLEASE UNDERSTAND THAT RETAIL TRADERS ARE MOSTLY BUYING OPTIONS AND BIG PLAYERS ARE MOSTLY SELLING OPTIONS. OPTION SELLERS, ALWAYS HAVE EDGE. THEREFORE, RETAIL TRADER SHOULD NEVER CARRY NAKED CALL OR PUT OPTIONS AND ALWAYS HEDGE THEIR OVERNIGHT POSITIONS IN FUTURE AS WELL AS OPTION CONTRACTS.
NIFTY SCORECARD DATED 11/NOV/2022
NIFTY IS UP BY 322 POINTS
Name Price Previous Day Change % Change
Nifty 18350 18028 321.50 1.78%
India VIX 14.41 15.57 -1.16 -7.47%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 9333750, CE LTP: 2.7)
Max OI (Puts) 18000 (Open Interest: 7720300, PE LTP: 16.8)
PCR 1.06 (PCR is in sideways to mild bullish zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Long Liquidation
NiftyFutures Key Trading Levels for 11th Nov 2022NiftyFutures Key Trading Levels for 11th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 10/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Today, Nifty's gap-up was sold and finally Nifty closed in red. Big players are buying in cash & adding bearish positions in F&O. Option data in Nifty indicating weakness. Traders should continue to book profit at higher levels and work with strict SL to get trapped into either direction. Today, US markets are trading in red. Shall we expect a little correction till 18K in Nifty????? What do you think?
NIFTY SCORECARD DATED 09/NOV/2022
NIFTY IS DOWN BY -46 POINTS
Name Price Previous Day Change % Change
Nifty 18157 18203 -45.80 -0.25%
India VIX 15.92 15.59 0.33 2.12%
OPTION STATISTICS BASED ON 10/NOV/2022 EXPIRY DATA
Max OI (Calls) 18300 (Open Interest: 10549250, CE LTP: 8.6)
Max OI (Puts) 18000 (Open Interest: 8995850, PE LTP: 15.75)
PCR 0.6 (PCR is in oversold zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Long Liquidation
NiftyFutures Key Trading Levels for 10th Nov 2022 WeeklyExpiryNiftyFutures Key Trading Levels for 10th Nov 2022 Weekly Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 09/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty opened with a gap-up. Immediately profit booking brought it down. Later, Nifty recovered nicely from day's low and closed near day's high. This clearly indicates profit booking at higher levels and buying interest near support levels. Every dip is getting bought from past few weeks and profit booking is obvious near lifetime high. Nifty is slowly inching towards new lifetime high which is just a number amid global issues.
Big players are buying in cash & adding bearish positions in F&O. Retail traders needs to trade very carefully near lifetime high and work level by level with strict SL. US market is trading firmly in green. Let us expect another gap-up tomorrow morning. Option (call) writers are doing quite well after gap-up and put writers near major support levels. Big players are enjoying option theta decay. Retails traders must hedge their overnight positions.
NIFTY SCORECARD DATED 08/NOV/2022
NIFTY IS UP BY 86 POINTS
Name Price Previous Day Change % Change
Nifty 18203 18117 85.65 0.47%
India VIX 15.59 15.66 -0.07 -0.45%
OPTION STATISTICS BASED ON 10/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 9641950, CE LTP: 1)
Max OI (Puts) 18000 (Open Interest: 8745100, PE LTP: 19)
PCR 0.84 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NiftyFutures Key Trading Levels for 9th Nov 2022NiftyFutures Key Trading Levels for 9th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 07/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty performed as expected & respected the major resistance & support levels. Market volatility is offering opportunities to bulls as well as bears almost on daily basis. Today, option writers also got rewarded. Option writers always have edge and theta decay goes in favor of option writers. Today, US markets are also trading flat. We should expect a trending move in next few days till then enjoy the volatility and trade in both the directions with strict SL and maximise profit using TSL.
Please note that FIIs/Big players are continuously adding bearish positions in F&O segment so retail traders should trade carefully & continue to book profit at higher level and hedge their positions/portfolio to avoid any surprises in coming days. Please find below scorecard and quick update about F&O positions, PCR & India VIX .
NIFTY SCORECARD DATED 04/NOV/2022
NIFTY IS UP BY 64 POINTS
Name Price Previous Day Change % Change
Nifty 18117 18053 64.45 0.36%
India VIX 15.66 15.94 -0.29 -1.80%
OPTION STATISTICS BASED ON 10/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 8837300, CE LTP: 1.7)
Max OI (Puts) 18000 (Open Interest: 8429700, PE LTP: 54.3)
PCR 0.93 (PCR is in sideways to mild bearish zone)
Nifty Calls:
ATM: Long Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NiftyFutures Key Trading Levels for 7th Nov 2022
NiftyFutures Key Trading Levels for 7th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 04/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty offered opportunities to bears as well as bulls. US Fed meeting impact was absorbed in few mins by bulls and they have pushed it to higher levels. Today's, bullish move was quite good for retail traders. Big players were bearish and again brought Nifty down. Indian markets are nicely coupled with US market. Next move should be based on US market. Hoping, RBI may not play the spoiling sport in coming days. RBI may sell USD or increase rate to keep rupee dollar equation checked. Indian market is performing well and weakness is imported from the overseas. Retail traders should continue to book profit near lifetime high & enjoy the daily volatility. Please find below scorecard and quick update about F&O positions, PCR & India VIX .
NIFTY SCORECARD DATED 03/NOV/2022
NIFTY IS DOWN BY -30 POINTS
Name Price Previous Day Change % Change
Nifty 18053 18083 -30.15 -0.17%
India VIX 15.94 16.66 -0.72 -4.32%
OPTION STATISTICS BASED ON 10/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 5270000, CE LTP: 1.45)
Max OI (Puts) 18000 (Open Interest: 4508600, PE LTP: 108)
PCR 1.03 (PCR is in sideways to mild bullish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
NiftyFutures Key Trading Levels for 4th Nov 2022NiftyFutures Key Trading Levels for 4th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 03/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty closed in red due to heavy PL booking at higher level ahead of US Fed Reserve FOMC meeting (Nov1-2) outcome later tonight. Big players have taken bearish positions and retail traders took highly bullish positions. Tomorrow's move will be based on US Fed meeting outcome & RBI's meeting. Please find below scorecard and quick update about F&O positions, PCR & India VIX .
NIFTY SCORECARD DATED 02/NOV/2022
NIFTY IS DOWN BY -63 POINTS
Name Price Previous Day Change % Change
Nifty 18083 18145 -62.55 -0.34%
India VIX 16.66 16.13 0.53 3.30%
OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA
Max OI (Calls) 18400 (Open Interest: 7988650, CE LTP: 3.25)
Max OI (Puts) 18000 (Open Interest: 7574150, PE LTP: 47.25)
PCR 0.96 (PCR is in sideways to mild bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Futures Key Trading Levels for 3rd Nov 2022 Weely ExpiryNifty Futures Key Trading Levels for 3rd Nov 2022 Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 02/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty closed in green. Bulls dominated today's trading session. Nifty trend is quite strong and looking to extend it's gain. Nifty is likely to remain sideways ahead of US FED hike & RBI's meeting/hike. US market indices are trading in red ahead of major event.
Overall, market breadth is quite positive. Is tomorrow's trading session, going to offer good opportunity to option writers????? Please find below scorecard and quick update about F&O positions, PCR & India VIX .
NIFTY SCORECARD DATED 01/NOV/2022
NIFTY IS UP BY 133 POINTS
Name Price Previous Day Change % Change
Nifty 18145 18012 133.20 0.74%
India VIX 16.13 15.80 0.33 2.07%
OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA
Max OI (Calls) 18400 (Open Interest: 6769950, CE LTP: 11.65)
Max OI (Puts) 18000 (Open Interest: 7642300, PE LTP: 34.5)
PCR 1.22 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Long Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Shall we look for buy on dips opportunities near major support levels????? Please share your thoughts.
NiftyFutures Key Trading Levels for 2nd Nov 2022NiftyFutures Key Trading Levels for 2nd Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 1st Nov 2022NiftyFutures Key Trading Levels for 1st Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Levels & Strategy for 01/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty sustained at higher level after initial gap up. We have observed superb buying strength. Nifty traded mostly above VWAP/13 & 20EMA only. Today, retailed traders were rewarded due to their overnight highly bullish stance. Retailed traders have now taken highly bearish stance for tomorrow's trade which is exactly opposite to what big players have done today. FIIs continued with heavy buying in cash as well as F&O. Is Nifty heading towards it's new lifetime high????? Is Nifty going to sustain at higher levels amid several global issues in coming days????? Please do share your thoughts.
Overall, market breadth is positive. It looks like any decent dip due to FOMC meeting/RBI's meeting & rate hike in first week of Nov is going to be a buying opportunity. Please find below scorecard and quick update about F&O positions, PCR & India VIX.
NIFTY SCORECARD DATED 31/OCT/2022
NIFTY IS UP BY 225 POINTS
Name Price Previous Day Change % Change
Nifty 18012 17787 225.40 1.27%
India VIX 15.80 15.92 -0.12 -0.75%
OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA
Max OI (Calls) 18500 (Open Interest: 6240150, CE LTP: 2)
Max OI (Puts) 17800 (Open Interest: 5547750, PE LTP: 38.2)
PCR 1.23 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup