NIFTY & BANK NIFTY VIEW FOR 21/10/2015

IN LAST COUPLE OF POSTS WE HAVE BEEN GIVING 8228/8229 AS LEVEL OF RESISTANCE OR SUPPORT AS THE CASE MAY BE. NOT ONLY THAT IN OUR LAST POST WE HAD GIVEN 8200-8300 AS TODAY'S TRADING RANGE.

AT FIRST LETS TRY TO UNDERSTAND WHY WE FOCUSING ON 8228/8229 LEVEL VERY MUCH.

NOW IF TALK ABOUT OPTIONS DATA THEN WE CAN SEE HUGE POSITIONS BUILD AT 8200 PE SIDE WHEREAS 8100 PE UNDERGONE HUGE UNWINDING. NOW IF WE LOOK AT PRICE ACTION MOVE OF 8200 PE THEN WE FEEL THEN IF ANY DOWNSIDE MOVE COMES BELOW 8200 THEN IT WILL BE JUST FLASHES AND QUICK BOUNCE FROM LOWER LEVELS CAN BE SEEN. 

NOW ON CE FRONT IF WE SEE THEN AGAIN 8400 CE WITNESS LIQUIDATION IN OI BUT GOOD BUILT UP SEEN IN 8300 CE BUT WE FEEL STILL 8300 CE SHALL ACT AS RESISTANCE. 

LEVELS TO WATCH OUT
RESISTANCE :- 8300 & 8391
SUPPORT:- 8229 & 8200

NOW LETS TALK ABOUT BANK NIFTY

IF WE SEE BANK NIFTY OPTIONS DATA THEN THOUGH 18500 CE IS HAVING HIGH OI STILL 18000 CE IS ACTING AS WALL OF RESISTANCE. 

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PUT CALL RATIO ON BASIS OF OI IS 1.27
PE RATIO FOR NIFTY STANDS AT 22.51

FINAL CONCLUSION

NIFTY

NOW AS WE KNOW GAP IS FILLED BY NIFTY AND ALREADY NEAR TO UPSIDE OPTIONS DATA RESISTANCE LEVEL AT 8300 BUT CLOSE LOOK TOWARDS 8400 CE IS  REQUIRED. (REPEAT COMMENT) AS WE FEEL 8200 PE ARE WRITTEN BY BIG TRADERS AND SLOWLY SLOWLY MOMENTUM IS SHIFTING TOWARDS 8300 & 8400 CALL OPTIONS. WE FEEL ANYONE WHO IS LONG SIDE OF TRADE MUST KEEP SL OF 8190 FOR SPOT NIFTY. 

NEXT SERIES HIGHEST OI IS AT 8700 CE SO AS DISCUSSED EARLIER WE MAY SEE SOME FLASHES ABOVE 8300 TOO IN THIS SERIES. 

BANK NIFTY
BANK NIFTY OPTIONS DATA GIVES HINT THAT WE MAY SUDDEN UPSIDE FLASHES ABOVE 18000 IN COMING DAYS.

OPEN POSITIONS
NONE

TO GET LIVE MARKET CALLS ON NIFTY/BANKNIFTY ON YOUR WHATSAPP SEND MESSAGE 'NIFTY50STRIKER' ON 08866145155. CALLS SHALL BE GIVEN VIA WHATSAPP ONLY 

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

NIFTY & BANK NIFTY VIEW FOR 20/10/2015

PAST RESISTANCE BECOMES SUPPORT THIS IS WELL KNOWN FACT FOR ALL THOSE WHO TRADE/INVEST IN STOCK MARKET.

TAKING LEVERAGE OF 5-10 POINTS IF WE SEE TODAY'S SPOT NIFTY LOW THEN OUT LEVEL OF 8228/8229 WAS PERFECTLY RESPECTED BY NIFTY.

NOW IF TALK ABOUT OPTIONS DATA THEN EXPECTED RANGE HAS MOVED TO 8200-8300. (THOUGH HIGHEST OI IN PE FRONT IS AT 8000 PE BUT LOOKING AT 8200 PE ADDITIONS IT SEEMS THAT IT WILL BE VERY TOUGH FOR BEARS TO BREAK 8200 MARK) 

ALSO AT PRESENT UPSIDE RESISTANCE COMES AT 8391.55 LEVELS (AS SPOT NIFTY CLOSED  ABOVE 8228 MARK) SO IN COMING DAYS WE MAY SEE THAT HIGHEST OI TAG MAY GET CHANGED FROM 8300 CE TO 8400 CE AND WE MAY SEE EXPIRY IN ZONE OF 8300-8400. 

NOW LETS TALK ABOUT BANK NIFTY

BANK NIFTY CALL OPTIONS DATA HAS CHANGED DRAMATICALLY IN LAST 2-3 SESSIONS AS 18000 CE HAS BEEN REPLACED BY 18500 CE ON HIGHEST OI BASIS AND THIS HAS LEAD TO CHANGE IN MOMENTUM. (REPEAT COMMENT) 

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PUT CALL RATIO ON BASIS OF OI IS 1.27
PE RATIO FOR NIFTY STANDS AT 22.61

FINAL CONCLUSION

NIFTY

NOW AS WE KNOW GAP IS FILLED BY NIFTY AND ALREADY NEAR TO UPSIDE OPTIONS DATA RESISTANCE LEVEL AT 8300 BUT CLOSE LOOK TOWARDS 8400 CE IS  REQUIRED. (REPEAT COMMENT) AS WE FEEL 8200 PE ARE WRITTEN BY BIG TRADERS AND SLOWLY SLOWLY MOMENTUM IS SHIFTING TOWARDS 8300 & 8300 CALL OPTIONS. 

NEXT SERIES HIGHEST OI IS AT 8500 CE SO AS DISCUSSED EARLIER WE MAY SEE SOME FLASHES ABOVE 8400 TOO IN THIS SERIES. 

NIFTY
BANK NIFTY OPTIONS DATA GIVES HINT THAT WE MAY SUDDEN UPSIDE FLASHES ABOVE 18000 IN COMING DAYS.

OPEN POSITIONS
NONE

TO GET LIVE MARKET CALLS ON NIFTY/BANKNIFTY ON YOUR WHATSAPP SEND MESSAGE 'NIFTY50STRIKER' ON 08866145155. CALLS SHALL BE GIVEN VIA WHATSAPP ONLY 

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

NIFTY & BANK NIFTY VIEW FOR 19/10/2015

FROM LAST COUPLE OF DAYS WE HAVE BEEN GIVING OUR VIEW ON NIFTY THAT AS PER OPTIONS DATA 8200  IS TOUGH RESISTANCE TO CROSS AND IT WAS WELL RESPECTED.

BUT DURING LAST TRADING SESSION AT 12.36 PM WE HAD GIVEN UPDATE ON OUR FACEBOOK PAGE THAT SOME BIG MOVE IS ON THE WAY AND LATER ON WHAT HAPPENED IS NOT UNKNOWN TO ANY OF US.

NOW IF TALK ABOUT OPTIONS DATA THEN EXPECTED RANGE HAS MOVED FROM 8000-8200 TO 8000-8300 (AS IN LAST THAT TRADING SESSION 8300 CE OI WAS INCREASED OVER 5 LAKH SHARES BUT INTERESTINGLY 8400 CE SHARES ARE ALSO INCREASED BY MORE THAN 8 LAKH SHARES) 

ALSO AT PRESENT UPSIDE RESISTANCE COMES AT 8391.55 LEVELS (AS SPOT NIFTY CLOSED  ABOVE 8228 MARK) SO IN COMING DAYS WE MAY SEE THAT HIGHEST OI TAG MAY GET CHANGED FROM 8300 CE TO 8400 CE AND WE MAY SEE EXPIRY IN ZONE OF 8300-8400. THIS IS BECAUSE 8000 & 7900 PE TOGETHER UNDERGONE LIQUIDATION OF LITTLE LESS THAN 5.50 LAKH SHARES IN OI. 

NOW LETS TALK ABOUT BANK NIFTY

BANK NIFTY CALL OPTIONS DATA HAS CHANGED DRAMATICALLY IN LAST 2-3 SESSIONS AS 18000 CE HAS BEEN REPLACED BY 18500 CE ON HIGHEST OI BASIS AND THIS HAS LEAD TO CHANGE IN MOMENTUM. 

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PUT CALL RATIO ON BASIS OF OI IS 1.27
PE RATIO FOR NIFTY STANDS AT 22.51

FINAL CONCLUSION

NIFTY

NOW AS WE KNOW GAP IS FILLED BY NIFTY AND ALREADY NEAR TO UPSIDE OPTIONS DATA RESISTANCE LEVEL AT 8300 BUT CLOSE LOOK TOWARDS 8400 CE IS  REQUIRED. 

NEXT SERIES HIGHEST OI IS AT 8500 CE SO AS DISCUSSED EARLIER WE MAY SEE SOME FLASHES ABOVE 8400 TOO IN THIS SERIES. 

NIFTY
BANK NIFTY OPTIONS DATA GIVES HINT THAT WE MAY CLIMB UPTO 18400-18500 IN COMING DAYS.

OPEN POSITIONS
NONE

TO GET LIVE MARKET CALLS ON NIFTY/BANKNIFTY ON YOUR WHATSAPP SEND MESSAGE 'NIFTY50STRIKER' ON 08866145155. CALLS SHALL BE GIVEN VIA WHATSAPP ONLY 

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

NIFTY VIEW FOR 16/10/2015

IN OUR LAST POST WE HAD CLEARLY SAID THAT 8200 WOULD BE TOUGH LEVELS FOR BULLS TO CROSS AND SPOT NIFTY RESPECTED OUR VIEW BY MAKING HIGH 8190.55...!!!

NOT ONLY THAT WE HAD CLEARLY SAID THAT SOME ADDITIONS WAS SEEN IN 8100 CE AND NEARBY PE UNDERGONE LIQUIDATIONS.

ALSO TO NOT THAT TODAY AT ONE POINT OF TIME 8300 CE REPLACED 8200 CE ON HIGHEST OI BUT AGAIN TOWARDS THE END 8200 CE REGAINED ITS POSITIONS. 

NOW IF WE SEE OPTIONS CHAIN AFTER CLOSE THEN FROM 8300 CE TO 7300 CE ALL CALL OPTIONS UNDERGONE LIQUIDATION NOW AGAIN IF SEE ON PUT OPTIONS SIDE THEN GOOD ADDITIONS WAS SEEN IN 8000 PE AND RIGHT FROM 7950 PE TO 8200 PE ADDITIONS WHICH AGAIN LEADS TO DOUBT OVER UPWARD JOURNEY FOR NIFTY. 

ALSO REMEMBER NIFTY IS STILL TRADING BELOW SUPPLY ZONE OF 8322-8225 (WHICH IS NOTHING ELSE BUT 21 AUGUST 2015 RANGE) WHICH IS ALREADY TESTED ON 12 OCTOBER 2015.

BELOW IS DAILY CHART (SPOT NIFTY) FOR EASY REFERENCE.

PUT CALL RATIO ON BASIS OF OI IS 1.26
PE RATIO FOR NIFTY STANDS AT 22.35

FINAL CONCLUSION

IT WILL BE VERY TOUGH FOR BULLS TO LIFT NIFTY ABOVE 8200 LEVELS (AS PER OPTIONS DATA) (REPEAT COMMENT) AND AS PER RETRACEMENT THEORY 8229. ON DOWNSIDE IMMEDIATE SUPPORT COMES AT 8097, 8055(21 EMA), 8000 (PSYCHOLOGICAL LEVEL AND 8000 PE HIGH OI) & 7965 

OPEN POSITIONS
TODAY SL WAS TRIGGERED IN 8100 PE. CALL WAS AS UNDER:- 
RISKY TRADERS CAN BUY 8100 PE WITHIN RANGE OF 90-100 WITH SL 70 FOR TARGET OF 130-150-180 IN COMING DAYS. 

TO GET LIVE MARKET CALLS ON NIFTY/BANKNIFTY ON YOUR WHATSAPP SEND MESSAGE 'NIFTY50STRIKER' ON 08866145155. CALLS SHALL BE GIVEN VIA WHATSAPP ONLY 

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

NIFTY VIEW FOR 15/10/2015

FROM LAST 2-3 POSTS WE HAVE BEEN TELLING ONE AND SAME THING THAT WE DO NOT SEE ANY BIG BANG MOVE ON EITHER AND NIFTY IS OBLIGING SAME...!!!

IN OUR LAST POST WE HAD SAID THAT 8097 SHALL ACT AS CRUCIAL SUPPORT AND  TODAY SPOT NIFTY MADE LOW OF 8096.35

NOW AT PRESENT IF WE SEE OPTIONS CHAIN THEN STILL THERE IS HIGH OI IN 8200 CE & 8000 PE WHICH CAN BE CONSIDERED AS RESISTANCE & SUPPORT LEVELS. 

NOW IF WE SEE 7900 PE (REMEMBER HUGE ADDITION WAS SEEN YESTERDAY) AND TODAY ALSO VERY SMALL PORTION OF LIQUIDATION TOOK PLACE. ALSO 8000 PE UNDERGONE INCREASE IN OI DURING TODAY'S SESSION TOO. BUT WE STILL SAY ONE AND SAME THING THAT DOWNSIDE FOR TOMORROW SESSION IS LIMITED TILL 8000 ATLEAST AT PRESET AS FEW ITM PUT OPTIONS UNDERGONE LIQUIDATION AND 8100 CE TOO UNDERGONE ADDITIONS.

NOW IF WE SAY 8000 IS ALSO BROKEN IN EXTREME CASE THEN 7965 MAY ACT AS GOOD SUPPORT.

PUT CALL RATIO ON BASIS OF OI IS 1.24
PE RATIO FOR NIFTY STANDS AT 22.16

FINAL CONCLUSION

IT WILL BE VERY TOUGH FOR BULLS TO LIFT NIFTY ABOVE 8200 LEVELS. ON DOWN IMMEDIATE SUPPORT COMES AT 8097, 8000 (PSYCHOLOGICAL LEVEL AND 8000 PE HIGH OI) & 7965 

OPEN POSITIONS
OPEN POSITION AT PRESENT:-
RISKY TRADERS CAN BUY 8100 PE WITHIN RANGE OF 90-100 WITH SL 70 FOR TARGET OF 130-150-180 IN COMING DAYS. MADE HIGH OF 104 TODAY. (YESTERDAY'S HIGH 114)

TO GET LIVE MARKET CALLS ON NIFTY/BANKNIFTY ON YOUR WHATSAPP SEND MESSAGE 'NIFTY50STRIKER' ON 08866145155. CALLS SHALL BE GIVEN VIA WHATSAPP ONLY 

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

NIFTY VIEW FOR 14/10/2015

LAST TWO TRADING SESSIONS NIFTY IS CLOSING AT UNEXPECTED LEVELS...!!!

YESTERDAY IT BEARS ATTACKED AFTER 2 PM AND TODAY AT 3 PM RECOVERY CAME. 

WE ALWAYS TRY TO PROVE OUR VIEW VIA CHART OR OPTIONS DATA. TODAY ALSO THIS WAS CLEARED VERY EARLY WHEN NIFTY WAS HOVERING AT DAY'S LOW LEVELS BUT 8100 PE WAS UP BY JUST 20 POINTS AND PREMIUM ADDITION IN ATM OR ITM WAS NOT IMPRESSIVE.

AT ONE STAGE OPTIONS DATA RANGE WAS CONTRACTED IN 200 POINTS NARROW RANGE ALSO AT PRESENT OPTIONS DATA SHOWS RANGE OF 8000-8200.   

AT THIS STAGE NEEDLESS TO SAY OUR VIEW OF GAP FILLING WHICH WE HAD EXPECTED ON 19/10/2014 BLOG POST AND DOWNSIDE MAY START WORKED PERFECTLY.

NOW ON DOWNSIDE 8097 AND ON UPSIDE 8228 WILL BE CRUCIAL LEVEL TO WATCH OUT ON CLOSING BASIS. 

ALSO TODAY 7900 PE ADDED MORE THAN 8 LAKH SHARES IN OPEN INTEREST WHICH ALSO SHOWS SOME BIG MOVE IN COMING DAYS. 

PUT CALL RATIO ON BASIS OF OI IS 1.28
PE RATIO FOR NIFTY STANDS AT 22.25

FINAL CONCLUSION

IT WILL BE VERY TOUGH FOR BULLS TO LIFT NIFTY ABOVE 8200 LEVELS. 

OPEN POSITIONS
CALL GIVEN IN LAST BLOG POST IS AS UNDER:- 
RISKY TRADERS CAN BUY 8100 PE WITHIN RANGE OF 90-100 WITH SL 70 FOR TARGET OF 130-150-180 IN COMING DAYS. MADE HIGH OF 114 TODAY. 

TO GET LIVE MARKET CALLS ON NIFTY/BANKNIFTY ON YOUR WHATSAPP SEND MESSAGE 'NIFTY50STRIKER' ON 08866145155 

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

NIFTY VIEW FOR 13/10/2015

IN OUR LAST POST WE HAD SAID THAT WE DO NOT SEE ANY BIG DOWNSIDE OR UPSIDE FOR SESSION OR TWO,  NIFTY OBLIGED OUR VIEW TILL 2 PM TODAY AND WAS IN COMPLETE DILEMMA TILL THEN. REMEMBER WE HAD SAID THIS ON THE BASIS OF OPTIONS DATA WHICH KEEPS ON CHANGING AFTER EVERY SESSION. 

NOW LETS TRY TO RE-STUDY WEEKLY CHART.

IN ABOVE CHART WE CAN SEE THAT NIFTY IS RESISTING AT 61.80% MARK (NIFTY LEVEL 8228.73)(+ OR - 20 POINTS)

NOW IF WE STUDY DAILY CHART ON BASIS OF DEMAND AND SUPPLY THEORY.

THEN AGAIN 8225 TO 8322 IS SUPPLY ZONE AND POSITIONALLY NIFTY CAN BE SHORTED WITH STRICT SL.

NOW TO SEE OPTIONS DATA

CALLS		PUTS
STRIKE PRICE	OI	STRIKE PRICE	OI
8300	5370350	8100	4630625
8200	5097650	8000	4586175
8500	3582750	7800	3847500

SO FROM ABOVE TABLE AGAIN WE CAN SEE 8100 PE & 8300 CE ARE HAVING HIGHEST OPEN INTEREST WHICH MAY ACT AS SUPPORT & RESISTANCE FOR NEXT TRADING SESSION EXCEPT ANY BIG UNCERTAIN EVENT. 

BUT IMPORTANT THING IS THAT 8100 CE AND ITM CALL OPTIONS BELOW 8100 HAS UNDERGONE LIQUIDATION DURING TODAY'S SESSION. (TILL 7500) SO THIS LEADS TO DOUBT OVER MAJOR UPSIDE IN NEXT SESSION OR TWO. 

WHEREAS ON PE SIDE GOOD ADDITION IS SEEN IN 8000 & 8100 STRIKE PRICES. 

PUT CALL RATIO ON BASIS OF OI IS 1.22
PE RATIO FOR NIFTY STANDS AT 22.73

FINAL CONCLUSION

IT WILL BE VERY TOUGH FOR BULLS TO LIFT NIFTY ABOVE 8300 LEVELS. RISKY TRADERS CAN BUY 8100 PE WITHIN RANGE OF 90-100 WITH SL 70 FOR TARGET OF 130-150-180 IN COMING DAYS. 

TO GET LIVE MARKET CALLS ON NIFTY/BANKNIFTY ON YOUR WHATSAPP SEND MESSAGE 'NIFTY50STRIKER' ON 08866145155 

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

ASHOK LEYLAND ~ AN OUT-PERFORMER...???

ASHOK LEYLAND  ~ AN OUTPERFOMER...???

COUPLE OF DAYS BACK WE HAD POSTED OUR VIEW ON ASHOK LEYLAND ON OUR FACEBOOK PAGE. QUICK LINK TO THAT POST IS AS UNDER:- 

https://goo.gl/17T6Tj

NOW AGAIN ANOTHER PATTERN IS IN FORMATION IN THIS STOCK.

LETS TRY TO SEE IT VIA SIMPLE CHART. 

RIGHT FROM START OF THIS PATTERN (CHANNEL PATTERN) THIS STOCK IS RESPECTING 21 EMA ON DAILY CLOSING BASIS (EMA ON LOW BASIS) AND ALSO ON LONG TERM TREND STOCK IS RESPECTING 55 EMA ON DAILY CLOSING BASIS. (EMA ON LOW BASIS).

FINAL CONCLUSION

WE STILL STAND ON OUR VIEW THAT STOCK MAY GO INTO 3 DIGITS VERY SOON. SO THOSE WHO HAVE BOUGHT STOCK IN DIPS TILL 86 (LOW OF 86.40 WAS MADE AFTER WE HAD POSTED CHART AND VIEW ON OUR FACEBOOK PAGE) 

NOW WE FEEL ONE SHOULD TRAIL STOP LOSS TO 85 ON CLOSING BASIS. 

STANDARD DISCLOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

NIFTY VIEW AS ON 11/10/2015

FROM OUT LAST 2 POSTS WE HAVE BEEN TELLING ONE AND SAME THING THAT THOUGH MANY PEOPLE ARE EXPECTING DOWNSIDE AT FIRST, GAP MADE BETWEEN 8225 & 8060 SHALL BE FILLED THEN ONLY REST OF MOVE ON EITHER SIDE IS TO BE THOUGHT OFF. 

IN LAST TRADING SESSION HIGH OF 8232 AND THUS GAP WAS FILLED...!!!

BELOW GIVEN GRAPH SHALL GIVE CLEAR IDEA TO READERS. 

TRY TO SEE GREY COLOR OVALS (FOR GAP FILLING) AND ALSO RED OVAL AS NIFTY TOOK PERFECT RESISTANCE NEAR TO THAT LEVEL (8229 AND HIGH MADE ON FRIDAY IS 8232)

NOW IF WE TALK ABOUT OPTIONS DATA THEN HIGHEST OI IS AT 8300 CE & 8100 PE WHICH MAKES DOWNSIDE & UPSIDE LIMITED FOR SESSION FOR TWO ATLEAST. 

PUT CALL RATIO ON OI BASIS IS 1.26 WHICH AGAIN MAKE TOUGH ROAD AHEAD FOR BULLS (THIS IS ALSO SUGGESTED BY OPTIONS DATA ~ 8300 CE)

NOW IF WE SEE NIFTY PE RATIO THEN AFTER LAST SESSION IT IS AGAIN ABOVE 22. (22.88 TO BE VERY PRECISE) (WHEN NIFTY WAS ABOVE 9000 IT WAS 24.06) SO AS PER INVESTMENT PERSPECTIVE TOO NIFTY BASED STOCKS ARE UNDER OVER BOUGHT SITUATION AT PRESENT. 

FINAL CONCLUSION

AS EARNING SEASON HAS ALREADY STARTED, NOW ALL MOVES SHALL BE DEPENDENT ON EARNINGS. BUT AS MENTIONED IN OUR LAST 2 POSTS CLOSE ABOVE 8300 CAN CHANGE WHOLE MOMENTUM OTHERWISE THIS UPMOVE FORM 7540 TO 8232 IS NOTHING BUT GAP FILLING PROCESS. 

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET. 

NIFTY VIEW AS ON 05/10/2015

IN OUR LAST POST WE HAD GIVE OUR VIEW FOR NIFTY AND TRIED TO EXPLAIN THAT ROAD AHEAD FOR BULLS  IS NOT EASY AS IT LOOKS. 

THOSE WHO MISSED LAST POST ARE REQUESTED TO CLICK ON THE LINK BELOW TO HAVE BETTER UNDERSTANDING. 

http://goo.gl/sI2Fts

NOW IF YOU HAVE GONE THROUGH OUR THAT BLOG POST THEN YOU MUST HAVE GOT AN IDEA THAT WE HAD SAID THAT AS PER VALUATIONS ASPECT NIFTY WAS BIT EXPENSIVE AND THERE AFTER WE DID NOT HAD SINGLE CLOSE ABOVE THAT LEVEL. (DESPITE OF HAVING SURPRISE 50BPS RATE CUT BY RBI)

NOW IF WE TALK ROAD AHEAD FOR NIFTY THEN WE STILL SAY IN ORDER TO TRAP RETAIL/SMALL TRADERS NIFTY MAY GIVE UPSIDE MOVE TILL 8220-8250 LEVELS (ONLY TO FILL GAP OF 8225-8092) BELOW CHART SHALL GIVE CLEAR IDEA ABOUT OUR LEVELS.

LETS HAVE A LOOK AT OPTIONS DATA.

CALLS		PUTS
STRIKE PRICE	OI	STRIKE PRICE	OI
8300	4185400	7500	4829475
8000	4069925	7800	3888350
8200	3974350	7400	2891250

SO FROM OPTIONS DATA ALSO WE CAN SEE UPSIDE CAPPED IN THIS SERIES IS MAX TO MAX IS 8300 (EXTREME CASE BUT FOR THAT 8000 NEEDS TO BE CROSSED DECISIVELY) THEN UPSIDE CAPTION COMES AT 8200-8300 LEVELS AS BOTH STRIKE PRICE CE IS ALMOST SAME.

WHEREAS ON DOWNSIDE 7500 MAY ACT AS STRONG SUPPORT BUT BEFORE THAT WE FEEL 7800 SHALL AS STRONG SUPPORT TOO. NIFTY PCR AS PER OI BASIS COMES AT 1.07 WHICH AGAIN REFLECT NIFTY IS SLIGHTLY OVERBOUGHT AT PRESENT FOR THIS SERIES AT PRESENT STAGE. NOW IF WE SEE NIFTY PE RATIO THEN AFTER LAST SESSION IT IS AGAIN ABOVE 22. (WHEN NIFTY WAS ABOVE 9000 IT WAS 24.06) SO AS PER INVESTMENT PERSPECTIVE TOO NIFTY IS OVER BOUGHT AT PRESENT. 

FINAL CONCLUSION

WE MAY SEE FAKE BOUNCE TILL 8200-8300 (IN EXTREME CASE) AND THEN MARKET MAY CORRECT AND MAKE NEW LOW BELOW 7500 (VALID TILL NIFTY DOES NOT CLOSE ABOVE 8300 WITH GOOD EARNINGS SEASON)

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND IT MAY REVERSE ANYTIME. THIS POST IS FOR EDUCATION PURPOSE ONLY AND NOT TO BE CONSIDERED AS BUYING OR SELLING RECOMMENDATION. WE ARE NOT SEBI REGISTERED RESEARCH ANALYST. WE ARE NOT RESPONSIBLE FOR ANY PROFIT OR LOSS FOR ANY TRADES EXECUTED ON BASIS OF THIS POST.

WE REQUEST ALL READER TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY COMMENTING ON THIS BLOG POST.

ABOUT AUTHOR ~ MANUSH VADHER

WORKING AS SHAREKHAN SUB BROKER AND HOLDING MASTER DEGREE IN FINANCE HAVING EXPERIENCE OVER 10 YEARS IN CAPITAL MARKET.