NIFTY & BANK NIFTY VIEW FOR 01/02/2016

NEW  SERIES STARTED AND BULLS TRIED TO GAIN MOMENTUM WHICH THEY LACKED IN DECEMBER SERIES ALMOST.

NIFTY RALLIED MORE THEN 135 POINTS IN SINGLE TRADING SESSION AND IF WE CONSIDER THIS GAIN IN PERCENTAGE TERMS THEN AFTER 04/03/2015 (DAY WHEN NIFTY MADE LIFE HIGH) IT IS HIGHEST GAIN...!!!

ANYWAY LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Option chain is yet to built up and judging support and resistance on basis of option chain will not wise thing but still following changes took place in Nifty & Bank Nifty during last trading session. 

Good additions were seen in 7400 PE during last trading session which indirectly may act support in next 2-3 sessions. Further if we see CE front additions then mammoth additions took place in 7600, 7700, 7800 & 7900 CE. It will be interesting to see which CE takes highest OI tag after 3 sessions from now. 

We are not able to analyse Bank Nifty Chain as due NSE website link for Bank Nifty option chain is not getting opened. 

Highest OI tag for Nifty is with 7400 PE & 7600 CE. (February series) 

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR NIFTY:-

RESISTANCE LEVELS:- 7607, 7693 & 7800
SUPPORT LEVELS:- 7520, 7414 & 7348

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR BANK NIFTY:-

RESISTANCE LEVELS:- 15638, 15911 & 16183
SUPPORT LEVELS:- 15300, 15092, & 14754

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 20.22
PE RATIO FOR BANK NIFTY STANDS AT 16.11

NIFTY PCR ON BASIS OF OI IS 1.14

BANK NIFTY PCR ON BASIS OF OI IS 0.99

FINAL CONCLUSION

Still we feel Nifty options chain may not reflect true picture and Bank Nifty options data is not available so we shall try to give our view before market opens tomorrow.  

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STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYSING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGISE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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. 

WEEKLY REVIEW 25/01/2016 TO 29/01/2016

In our daily blog post we try to share our view for Nifty with respect to options chain. Past week more or less Nifty moved as per our expectation...!!!

Below are few snap shots of our work...!!!

Date:- 25th January, 2016

Expectation:- 7500 will act as resistance and downside support at 7414 level. 

Result:- High of 7487 & low of 7421 was made.

Date:- 27th January, 2016

Expectation:- 7500 will act as resistance but Bulls may try to cross it on or before expiry (January series derivative expiry)

Result:- Nifty acted in similar way 7500 as resistance and 7414 as support (High of 7478 & low of 7420 was made)

Date:- 28th January, 2016

Expectation:- Upside but 7500 is capped and expiry below 7500 only. 

Result:- Spot nifty closed at 7425 levels thus respected our view on day of expiry too...!!!

Date:- 29th January, 2016

Expectation:- Doubt over upside but as options chain built is about to happen to difficult to give exact view
Result:- Once 7500 was crossed it acted as good support. 

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TECHNICAL ANALYSIS WORKSHOP

WE ARE PLANNING TO CONDUCT TECHNICAL ANALYSIS WORKSHOP IN AHMEDABAD ON 30 & 31st JANUARY  2016. FEES FOR WORKSHOP WILL BE 2500/-  THOSE WHO ARE INTERESTED ARE REQUESTED TO CONTACT US ON 08866145155.

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYZING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGIZE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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 29/01/2016

JANUARY SERIES PROBABLY ACTED AS NIGHTMARE FOR BULLS...!!!

NIFTY CLOSED JANUARY SERIES WITH LOST OVER 6.75% WHICH IS AGAIN BIGGEST LOSS AFTER AUGUST 2015 (CONSIDERED MONTHLY)

ANYWAY LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

7400 PE ACTED AS SUPPORT AND 7500 CE TOO ACTED AS RESISTANCE EVEN ON LAST DAY OF JANUARY SERIES. 

Now if we move forward then  in just single session 7500 CE for February series took away highest OI tag from 8000 CE. Whereas on PE front 7200 PE may act as strong base.

Next series options chain is very much interesting to watch  and analyse. As because 7200 PE is having highest OI and total OI in 7500 CE, 7600 CE & 8000 CE is in cut throat competition (to act as resistance and for highest OI tag) (Another important and interesting moves already taken place February series which we cannot disclose to protect interest of our Technical Analysis students)

Highest OI tag for Nifty is with 7200 PE & 7500 CE. (February series) 

Highest OI tag for Bank Nifty is with 15000 PE & 16500 CE. (February series) 

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR NIFTY:-

RESISTANCE & SUPPORT LEVELS SHALL BE POSTED ON OUR FACEBOOK PAGE BEFORE MARKET OPENS TOMORROW.

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR BANK NIFTY:-

RESISTANCE & SUPPORT LEVELS SHALL BE POSTED ON OUR FACEBOOK PAGE BEFORE MARKET OPENS TOMORROW.

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 19.85
PE RATIO FOR BANK NIFTY STANDS AT 16.12 (as on 27/01/2016)

NIFTY PCR ON BASIS OF OI IS 1.11

BANK NIFTY PCR ON BASIS OF OI IS 0.95

FINAL CONCLUSION

Huge changes in February series options chain (8000 CE lost highest OI tag to 7500 CE) give hint of tough days ahead. As options positions are not yet built up we shall not able to analyse much about next probable move.  

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STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYSING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGISE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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 28/01/2016

ONLY 2 SESSIONs WERE LEFT BEFORE TODAY'S TRADING SESSION AND STILL OPTION CHAIN ANALYSIS ROCKED...!!!

7300 PE & 7500 CE ACTED SUPPORT & RESISTANCE...!!! THOUGH LOWER LEVEL WAS NOT TOUCHED BUT STILL UPSIDE CAP ACTED AS STIFF RESISTANCE.

ANYWAY LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

7400 PE is highest PE OI (earlier it was 7300 PE) and 7500 CE is as it is...!!!

Now if we see changes in CE front in January series Nifty options chain then we feel 7600 will not be crossed under any circumstances in next trading session. 

Next series options chain is very much interesting to watch  and analyse. As because 7200 PE is having highest OI and total OI in 7600 CE & 8000 CE is in cut throat competition (to act as resistance) (Another important and interesting moves already taken place February series which we cannot disclose to protect interest of our Technical Analysis students)  

Highest OI tag for Nifty is with 7400 PE & 7500 CE. (January series) 

Highest OI tag for Nifty is with 7200 PE & 8000 CE. (February series) 

Highest OI tag for Bank Nifty is with 15000 PE & 16000 CE. (January series)

Highest OI tag for Bank Nifty is with 15000 PE & 16000 CE. (February series) 

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR NIFTY:-

RESISTANCE LEVELS:- 7520, 7607 & 7693
SUPPORT LEVELS:- 7414, 7348 & 7241

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR BANK NIFTY:-

RESISTANCE LEVELS:- 15638, 15911 & 16183
SUPPORT:- 15300, 15092 & 14754

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 20.05
PE RATIO FOR BANK NIFTY STANDS AT 16.15 (as on 25/01/2016)

JANUARY SERIES
NIFTY PCR ON BASIS OF OI IS 0.84
BANK NIFTY PCR ON BASIS OF OI IS 0.86

FEBRUARY SERIES

NIFTY PCR ON BASIS OF OI IS 1.04

BANK NIFTY PCR ON BASIS OF OI IS 0.92

FINAL CONCLUSION

In our last post we had said that we expect Nifty to expire around 7540-7580 zone but now looking at change in option chain we feel that it will be tough for bulls to cross 7500 too...!!!

Infact next series option chain changes reflects tough days ahead for Bulls...!!! 

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STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYSING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGISE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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 27/01/2016

ONLY 3 SESSIONS WERE LEFT IN EXPIRY BUT STILL OUR VIEW BASED ON OPTIONS DATA ROCKEd...!!!

AS WE HAVE ONLY 2 SESSIONS LEFT FOR JANUARY SERIES EXPIRY SO WE FEEL THAT SOME VOLATILE MOVES CAN BE SEEN AND OPTIONS DATA MAY NOT REFLECT TRUE PICTURE.

ANYWAY LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Huge unwinding seen ITM CE  with OTM PE & ITM PE too...!!!

Additions were seen in ATM PE & Few OTM CE which can be considered as options writers wanted to take benefit of premium decay on account of holiday. 

If we consider next series Nifty option chain then 7200 PE undergone huge addition with 7600 CE. 

If we talk about Bank Nifty then good additions were seen in 15400 PE & 15600 PE. 

Highest OI tag for Nifty is with 7300 PE & 7500 CE. (January series) 

Highest OI tag for Nifty is with 7200 PE & 8000 CE. (February series) 

Highest OI tag for Bank Nifty is with 15000 PE & 16000 CE. (January series)

Highest OI tag for Bank Nifty is with 14500 PE & 17000 CE. (February series) 

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR NIFTY:-

RESISTANCE LEVELS:- 7520, 7607 & 7693
SUPPORT LEVELS:- 7414, 7348 & 7241

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR BANK NIFTY:-

RESISTANCE LEVELS:- 15638, 15911 & 16183
SUPPORT:- 15300, 15092 & 14754

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 20.04
PE RATIO FOR BANK NIFTY STANDS AT 16.15

JANUARY SERIES
NIFTY PCR ON BASIS OF OI IS 0.86
BANK NIFTY PCR ON BASIS OF OI IS 0.85

FEBRUARY SERIES

NIFTY PCR ON BASIS OF OI IS 1.02

BANK NIFTY PCR ON BASIS OF OI IS 1.12

FINAL CONCLUSION

Looking at change in 7300 & 7400 PE with 7300 & 7400 CE during last trading session we feel that though 7500 CE is having highest OI tag but somehow it will be crossed by bulls in next 2 trading sessions (on or before expiry) 

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TECHNICAL ANALYSIS WORKSHOP

WE ARE PLANNING TO CONDUCT TECHNICAL ANALYSIS WORKSHOP IN AHMEDABAD on 30/01/2016 & 31/01/2016. THOSE WHO ARE INTERESTED ARE REQUESTED TO CONTACT US ON 08866145155.

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYSING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGISE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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 25/01/2016

EXPECTED GREEN CLOSE AND IT HAPPENED TOO...!!!

AS WE HAVE ONLY 3 SESSION LEFT FOR JANUARY SERIES EXPIRY WE FEEL SOME VOLATILE MOVES CAN BE SEEN ALSO OPTIONS DATA MAY NOT REFLECT TRUE PICTURE.

ANYWAY LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Huge unwinding seen ITM CE  and also OTM CE too...!!!

Whereas on PE front liquidating took place from 7600 PE. 

Good additions were seen in 15500 CE in Bank Nifty. Also almost similar quantum of liquidation was seen in 15500 PE.

Highest OI tag for Nifty is with 7300 PE & 7800 CE. (January series) 

Highest OI tag for Nifty is with 7000 PE & 8000 CE. (February series) 

Highest OI tag for Bank Nifty is with 15000 PE & 16000 CE. (January series)

Highest OI tag for Bank Nifty is with 14500 PE & 15500 CE. (February series) 

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR NIFTY:-

RESISTANCE LEVELS:- 7520, 7607 & 7693
SUPPORT LEVELS:- 7414, 7348 & 7241

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR BANK NIFTY:-

RESISTANCE LEVELS:- 15638, 15911 & 16183
SUPPORT:- 15300, 15092 & 14754

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 20.01
PE RATIO FOR BANK NIFTY STANDS AT 16.09

JANUARY SERIES
NIFTY PCR ON BASIS OF OI IS 0.92
BANK NIFTY PCR ON BASIS OF OI IS 0.86

FEBRUARY SERIES

NIFTY PCR ON BASIS OF OI IS 1.00

BANK NIFTY PCR ON BASIS OF OI IS 1.17

FINAL CONCLUSION

Looking at change in 7500 & 7700 CE during last trading session we feel that though 7500 CE lost highest OI tag to 7700 CE but somehow it will act as resistance in coming session. On closing basis we still feel it will be too tough for Bulls to cross 7500 for spot Nifty on closing basis. 

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TECHNICAL ANALYSIS WORKSHOP

WE ARE PLANNING TO CONDUCT TECHNICAL ANALYSIS WORKSHOP IN AHMEDABAD on 30/01/2016 & 31/01/2016. THOSE WHO ARE INTERESTED ARE REQUESTED TO CONTACT US ON 08866145155.

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYSING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGISE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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. 

WEEKLY REVIEW 18/01/2016 TO 22/01/2016

In our daily blog post we try to share our view for Nifty with respect to options chain. Past week more or less Nifty moved as per our expectation...!!!

Below are few snap shots of our work...!!!

Date:- 18th January, 2016

Expectation:- Bounce before we close. 

Result:- 

Opening marginally low but then carnage. Support taken at 7336 (low of the day) against our support level of 7340

Date:- 19th January, 2016

Expectation:- Bears may take break

Result:- Bulls back in action rally of 94 points 

Date:- 20th January, 2016

Expectation:- Upside but 7600 CE may play crucla role. Bears may take break

Result:- Bear attack again and Nifty closed in Red with loss of 1.69% over previous close. 

Date:- 21th January, 2016

Expectation:- Doubt over upside
Result:- Though gap up of more than 65 points we closed in red with loss of more than 25 points.

Date:- 22th January, 2016

Expectation:- Volatility with positive bias
Result:- Gap up and closed with gains of 2%...!!!

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TECHNICAL ANALYSIS WORKSHOP

WE ARE PLANNING TO CONDUCT TECHNICAL ANALYSIS WORKSHOP IN AHMEDABAD ON 30 & 31st JANUARY  2016. FEES FOR WORKSHOP WILL BE 2500/-  THOSE WHO ARE INTERESTED ARE REQUESTED TO CONTACT US ON 08866145155.

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYZING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGIZE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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 22/01/2016

US MARKET RECOVERED FROM DEEP RED, NIFTY TOO OPENED WITH GAP ON POSITIVE SIDE BUT STILL WE CLOSED IN RED...!!!

THOUGH NEAR TO JANUARY SERIES EXPIRY OUR OPTIONS DATA ARE WORKING AS PER EXPECTATION...!!!

ANYWAY LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Same story continues...!!!

Nearby ITM PE undergoing liquidation and near by ATM or ITM Ce undergoes addition in OI. 

But surprisingly 7300 PE is proving its worth with 15000 PE for Bank Nifty too...!!! (We have ignored today's close while considering 7300 PE OI & change in OI) We all have seen that during today's session we have seen that Bank Nifty was strong in comparison to Nifty...!!!

Highest OI tag for Nifty is with 7300 PE & 7500 CE. (January series) 

Highest OI tag for Nifty is with 7000 PE & 8000 CE. (February series) 

Highest OI tag for Bank Nifty is with 15000 PE & 16000 CE. (January series)

Highest OI tag for Bank Nifty is with 14000 PE & 16000 CE. (February series) 

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR NIFTY:-

RESISTANCE LEVELS:- 
Will be posted on our FB page once market opens tomorrow.
SUPPORT LEVELS:- 
Will be posted on our FB page once market opens tomorrow.

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR BANK NIFTY:-

RESISTANCE LEVELS:- 
Will be posted on our FB page once market opens tomorrow.
SUPPORT:- 
Will be posted on our FB page once market opens tomorrow.

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 19.65
PUT CALL RATIO ON BASIS OF OI IS 0.85

FINAL CONCLUSION

Looking at unwinding in ITM PE & addition ATM & OTM CE (7300, 7400, 7500 & 7600 CE) can be interpreted as some volatility with minor positive bias on closing basis with high chances of  flashes near to 7250 spot Nifty. 

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TECHNICAL ANALYSIS WORKSHOP

WE ARE PLANNING TO CONDUCT TECHNICAL ANALYSIS WORKSHOP IN AHMEDABAD. THOSE WHO ARE INTERESTED ARE REQUESTED TO CONTACT US ON 08866145155.

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYSING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGISE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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 21/01/2016

UNEXPECTED FALL...!!!

TODAY'S FALL WAS TOTALLY UNEXPECTED...!!!

ANYWAY LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Slowly slowly big traders are exiting from ITM contract in PE front whereas far OTM CE are also witnessing liquidation. 

Today 7300 PE acted as support but if we see additions in 6800 & 7100 PE then it gives hint that still more downside cannot be ruled out. 

If we see unwinding in 7700 & 7600 CE and compare it with additions in 7300 & 7400 CE then again we feel road ahead for bulls shall not be easy. 

After 1 day halt again Bank Nifty close below its highest PE OI.

Highest OI tag for Nifty is with 7300 PE & 7700 CE. 

Highest OI tag for Bank Nifty is with 15000 PE & 16000 CE. 

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR NIFTY:-

RESISTANCE LEVELS:- 
Will be posted on our FB page once market opens tomorrow.
SUPPORT LEVELS:- 
Will be posted on our FB page once market opens tomorrow.

NOW LETS TALK ABOUT RESISTANCE & SUPPORT LEVELS FOR BANK NIFTY:-

RESISTANCE LEVELS:- 
Will be posted on our FB page once market opens tomorrow.
SUPPORT:- 
Will be posted on our FB page once market opens tomorrow.

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 19.74
PUT CALL RATIO ON BASIS OF OI IS 0.87

FINAL CONCLUSION

Looking at unwinding in ITM PE & OTM CE and additions in 7300, 7400 & 7500 CE leads to some doubt over upside now as huge additions were also seen 7100 & 6800 PE. 

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TECHNICAL ANALYSIS WORKSHOP

WE ARE PLANNING TO CONDUCT TECHNICAL ANALYSIS WORKSHOP IN AHMEDABAD. THOSE WHO ARE INTERESTED ARE REQUESTED TO CONTACT US ON 08866145155.

STANDARD DISLCOSURE:-

PLEASE NOTE THESE MOVES ARE AS PER CHARTS AND OPTIONS CHAIN WHICH 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. WHILE UTMOST CARE HAS BEEN TAKEN WHILE ANALYSING CHARTS & OPTIONS DATA BUT IF INCASE THERE IS ANY HUMAN ERROR WE ARE APOLOGISE FOR IT.

WE REQUEST ALL READERS TO GIVE THEIR FEEDBACK ON NIFTY50STRIKER@GMAIL.COM OR BY CALLING/WHATSAPP MESSAGE ON 08866145155 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.