NIFTY & BANK NIFTY VIEW FOR 30/06/2016

NIFTY & BANK NIFTY RESPECTED OUR VIEW FOR UPSIDE IN LAST TRADING SESSION. NOW AT PRESENT BEFORE DISCUSSING ANYTHING FURTHER LETS TRY TO SEE NIFTY ON DAILY CHARTS.

BELOW IS NIFTY FUTURE DAILY CHART FOR LAST 3 MONTHS AND LOOKING AT TREND WE ARE INDEED IN UPTREND.

ALSO TO NOTE IN ABOVE CHART WE CAN SEE THAT GAP CREATED DURING LAST FRIDAY IN GAP DOWN OPENING GOT FILLED TODAY...!!!

NOW LETS TRY TO SEE WHAT CAN BE EXPECTED MOVE IN NEXT TRADING SESSION.

SO AS PER ABOVE CHART (ACTUALLY IT IS JUNE SERIES CHART) SO ACCORDINGLY IF WE CONSIDER THEN IMMEDIATELY RESISTANCE COMES AT 8300-8310 ZONE...!!!

NOW LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Nifty

June Series

More than 3500k shares were added in 8150-8200 PE during today's session whereas more than 2500k shares were liquidated in 8100-8200 CE. 

But surprisingly even after today upside move nearby OTM 8250-8300-8350 CE undergone additions of more than 2000k shares. 

Highest OI tag is with 8000 PE & 8300 CE.

July Series

More than 1500k shares were added in 7900-8000-8100-8200 PE. On CE front 425k shares in 8300-8400-8500 CE. 

Highest OI tag is with 8000 PE & 8500 CE.

Bank Nifty 
June Series

Heavy liquidations can be seen in ITM CE but no major liquidation can be seen on PE front. Infact major additions can be seen 17500-17600-17700 PE. Very minor additions can be seen in 17700-17800-17900 CE. 

Highest OI tag is with 17000 PE & 18000 CE 

July Series

Nothing much exciting seen. This is due to recent launch of weekly option series early position built-up is not seen. 

Highest OI tag is with 17000 PE & 18000 CE 

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 22.52
PE RATIO FOR BANK NIFTY STANDS AT 25.45

JUNE SERIES
NIFTY PCR ON BASIS OF OI IS 1.36
BANK NIFTY PCR ON BASIS OF OI IS 1.29

JULY SERIES
NIFTY PCR ON BASIS OF OI IS 1.01
BANK NIFTY PCR ON BASIS OF OI IS 1.08

FINAL CONCLUSION

Nifty & Bank Nifty
Looking at options data and charts we feel Nifty Future may not cross 8305-8310 zone easily.Further to add that Bank Nifty is trading near to its highest OI so that may lead some pressure. 

Old holding of 8300 CE was squared off today.
Present holding 8000 CE July series.

If we talk about premium in Nifty July series option then CE are still undervalued than PE. 

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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 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 04/03/2016

NIFTY & BANK NIFTY VIEW FOR 29/06/2016

AS COMMUNICATED TO YOU ALL; DURING LAST TRADING SESSION NIFTY & BANK NIFTY (EXCEPT SUDDEN SPIKE) WERE IN TIGHT RANGE FOR MOST OF TIME DURING LAST TRADING SESSION.

NOW LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Nifty

June Series

More than 650k shares were liquidated in 8000-8100 CE. But surprisingly more than 1550k shares were added in 8150-8300 CE (8000 & 8300 CE as on PE front 8000 PE is having highest OI mark and 8300 on CE front) Ideally highest PE acts as support & CE as resistance. More than 1800k shares were added in 8050-8150 PE front. 

Highest OI tag is with 8000 PE & 8300 CE.

July Series

Good additions can be seen in 8200 & 8300 CE during last trading session but at the same time additions in different strike prices from 7500 to 8200 PE are quit surprising.  Further to add that if we see valuations wise then PE are comparatively over priced than CE (but it should be noted that PE are also low if we consider historically) 

Highest OI tag is with 8000 PE & 8500 CE.

Bank Nifty 
June Series

Though expiry is near good additions can be seen in 17600-18000 CE. Below 17500 some additions on PE front can be seen.  

Highest OI tag is with 17000 PE & 18000 CE 

July Series

Nothing much exciting seen. 

Highest OI tag is with 17000 PE & 18000 CE 

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 22.22
PE RATIO FOR BANK NIFTY STANDS AT 25.20
(As on 28/06/2016)

JUNE SERIES
NIFTY PCR ON BASIS OF OI IS 1.21
BANK NIFTY PCR ON BASIS OF OI IS 1.12

JULY SERIES
NIFTY PCR ON BASIS OF OI IS 1.07
BANK NIFTY PCR ON BASIS OF OI IS 0.94

FINAL CONCLUSION

Nifty & Bank Nifty
Looking at consolidation and options data we feel that Nifty/BankNifty may rally for 100/300 points in session or two. 

Any good opportunity if arises other than discussed above during trading hours shall be updated via whatsapp. 

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TECHNICAL ANALYSIS TRAINING

WE ALSO CONDUCT TECHNICAL ANALYSIS TRAINING VIA ONLINE AS WELL AS ONE ON ONE ON PERSONAL BASIS. FOR DETAILS CONTACT US ON 08866145155 (PHONE CALL ONLY)

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OUR FACEBOOK PAGE

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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 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 04/03/2016

NIFTY & BANK NIFTY VIEW FOR 28/06/2016

DURING LAST TRADING SESSION SPOT NIFTY DID NOT MADE LOW BELOW 8000 BUT AGAIN BULLS MANAGED TO CROSS 8100 MARK DURING INTRADAY SPIKES...!!!

WE ARE REPEATING SAME THING WHICH WE HAD SAID IN LAST POST THAT IF YOU GET CHANCE TO SEE SPOT NIFTY BELOW THEN YOU CAN BUY 25% OF TOTAL TRADING CAPITAL IN NIFTY CE. (ATM OR OTM JULY SERIES WITH STOP LOSS 5% BELOW FRIDAY'S LOW)

NOW LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Nifty

June Series

7700-7800-7900 PE together liquidated more than 1300k shares during last trading session which can be considered as nearby bottom made. Due to nearby expiry we can see that from 7500-8000 CE liquidated more than 925k shares (all ITM) OTM CE from 8100 to 8400 CE added about 2100k shares in OI. 

Highest OI tag is with 8000 PE & 8400 CE.

July Series

Good additions can be seen in 7800 & 7900 PE during last trading session but additions on CE front from 8100 to 8500 CE of about 635k shares gives hint of upside more than downside. 

Highest OI tag is with 8000 PE & 8500 CE.

Bank Nifty 
June Series

Bank Nifty rallied more than 600 points from Friday's low and looking at additions in 17300-17400-17500 PE of about 265k shares during last trading session indicates some softness in session or 2. CE front about 354k shares were added during today's session (From 17500-18000) 

Highest OI tag is with 17000 PE & 18000 CE 

July Series

Nothing much exciting seen. 

Highest OI tag is with 17000 PE & 18000 CE 

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 22.22
PE RATIO FOR BANK NIFTY STANDS AT 25.20

JUNE SERIES
NIFTY PCR ON BASIS OF OI IS 1.18
BANK NIFTY PCR ON BASIS OF OI IS 1.10

JULY SERIES
NIFTY PCR ON BASIS OF OI IS 1.01
BANK NIFTY PCR ON BASIS OF OI IS 0.91

FINAL CONCLUSION

Nifty & Bank Nifty
Any dip below 8000 Spot Nifty/Future Nifty should utilized as buying opportunity. Risky traders can opt for 7900 CE June series with stoploss 5% below Friday's close. (But only 25% of Trading capital should be used) If you are future trader then you can trade in July contract. I am holding 8000 CE (July contract) from 213 levels.   

Any good opportunity if arises other than discussed above during trading hours shall be updated via whatsapp. 

-----------------------------------------------------------

TECHNICAL ANALYSIS TRAINING

WE ALSO CONDUCT TECHNICAL ANALYSIS TRAINING VIA ONLINE AS WELL AS ONE ON ONE ON PERSONAL BASIS. FOR DETAILS CONTACT US ON 08866145155 (PHONE CALL ONLY)

-------------------------------------------------------------

OUR FACEBOOK PAGE

https://www.facebook.com/nifty50striker/

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OUR TWITTER HANDLE

https://www.twitter.com/nifty50striker/

-------------------------------------------------------------

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 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 04/03/2016

NIFTY & BANK NIFTY VIEW FOR 27/06/2016

LAST TRADING SESSION WAS NIGHTMARE FOR BULLS...!!! BUT STILL 8000 PE WITH 17000 PE DID THEIR JOB AS BOTH WAS HOLDING HIGHEST OI MARK AND BOTH INDICES GAVE NICE BOUNCE BACK IN SECOND HALF OF THE TRADING SESSION.

AT PRESENT NIFTY DAILY CHART LOOKS LIKE THIS TO US.

NOW IF WE SEE ABOVE CHART THEN ON DAILY TIMEFRAME NIFTY FUTURE IS FORMING RISING WEDGE FORMATION AND ANY CASE IF WE GET FLASHES BELOW 7950 (FRIDAY'S LOW IS 7927) THEN WE CAN HAVE BUYING OPPORTUNITY WITH STOP LOSS BELOW 7860 AS PER NIFTY FUTURE LEVEL. FURTHER THIS IS RISING WEDGE FORMATION IN WHICH WE CAN SEE NIFTY FUTURE RISING TILL 8400 LEVELS. ANY DIP BELOW 8000 (IF ANY) WILL BE BUYING OPPORTUNITY IF YOU ARE OPTIONS TRADER THEN YOU CAN START ACCUMULATING ATM OF OTM CE WITH STOPLOSS 5% BELOW FRIDAY'S LOW.

NOW LETS TRY TO MOVE FORWARD TO OPTION CHAIN ANALYSIS.

Nifty

June Series

8000 & 8100 CE together added more than 3300k shares in OI during last session whereas liquidation of about 6000k shares took place on PE front 8000 to 8300 PE. 

Highest OI tag is with 8000 PE & 8500 CE.

July Series

More than 450k shares were added during last trading session in 7500 & 7600 PE. But 8000 PE is having highest OI tag. Good additions can also be seen in about 2300k shares were added in different striker prices from 8000 to 8500 PE. 

Highest OI tag is with 8000 PE & 8500 CE.

Bank Nifty 
June Series

About 170k shares were in different strike prices from 17000 to 17300 PE but liquidation of more than 260k shares liquidated from 17500 to 18000 PE. More than 300k shares were added in different strike prices from 17500 to 18000 CE.  

Highest OI tag is with 17000 PE & 18000 CE 

July Series

Nothing much exciting seen. 

Highest OI tag is with 16500 PE & 18000 CE 

NOW LETS SEE SOME IMPORTANT NIFTY RATIO

PE RATIO FOR NIFTY STANDS AT 22.20
PE RATIO FOR BANK NIFTY STANDS AT 25.07

JUNE SERIES
NIFTY PCR ON BASIS OF OI IS 1.22
BANK NIFTY PCR ON BASIS OF OI IS 1.02

JULY SERIES
NIFTY PCR ON BASIS OF OI IS 0.91

BANK NIFTY PCR ON BASIS OF OI IS 0.88

FINAL CONCLUSION

Nifty & Bank Nifty
Quick bounce back can be expected in Nifty in coming sessions but exact inference out of option chain is bit difficult at present as we had one sided move during last trading session and we have nearby expiry. Any good trading opportunity if arises shall updated via whatsapp.   

-----------------------------------------------------------

TECHNICAL ANALYSIS TRAINING

WE ALSO CONDUCT TECHNICAL ANALYSIS TRAINING VIA ONLINE AS WELL AS ONE ON ONE ON PERSONAL BASIS. FOR DETAILS CONTACT US ON 08866145155 (PHONE CALL ONLY)

-------------------------------------------------------------

OUR FACEBOOK PAGE

https://www.facebook.com/nifty50striker/

-------------------------------------------------------------

OUR TWITTER HANDLE

https://www.twitter.com/nifty50striker/

-------------------------------------------------------------

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 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 04/03/2016