1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

Whether the latest MTP v2.2 tool is useful?

  • YES. The tool helps to take safe positions using FLOW and Renko Charts

    Votes: 26 92.9%
  • NO. The tool is not useful

    Votes: 2 7.1%

  • Total voters
    28
  • Poll closed .

anup

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Sure Amitji... Plz watch NDTV, Montek Singh is talking absolutely rubbish...
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Options Update at 12 Noon

MAX CHG in OI at 5800PE-6000CE.
Total CHG in OI. CE@22L, PE@ -20.46L.... PE is maintained from the morning around -20L indicating that the Squaring off is paused for the moment. The Signal right now is a SELL...

MAX OI at 5800PE-6000CE. CE@ 73L, PE@84L, Favouring Bulls
Total OI. CE @ 3.1C, [email protected], Favouring Bulls.
The Positional Trend is UP.

Europe Futures are slightly Postive. Let us see How it opens.
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Options Update at 1:45 pm

MAX CHG in OI at 5700-6000 Pair. So probably the BULLs are Shorting 5700PE to make some profits when the market bounces UP.

MAX OI at 5800-6000.

Total CHG in OI, CE @ 22.65L PE@ -23.65 (More puts being squared off).
 

jamit_05

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

5900 PE ChgOI has drastically come down, to less than 1L.

So, bearish sentiment is very low. Some more upside expected but rallies are expected to meet strong selling as 6000 is the top for the series. This is further shown by BnF failing to break Pivot High on Daily chart.

This is the assumption I would like to go with. But, will act only after confirmation from the price action.
 
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Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Options Update at 1:45 pm

MAX CHG in OI at 5700-6000 Pair. So probably the BULLs are Shorting 5700PE to make some profits when the market bounces UP.

MAX OI at 5800-6000.

Total CHG in OI, CE @ 22.65L PE@ -23.65 (More puts being squared off).
With expiry approaching what strategy so you suggest? Charts are forming double top, Oi strong @6000, 6000ce looks like an easy sell, not sure on pair though
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

I think it is genuine correction because of the bouncer at 6000CE - (But 100+ points is due to the RBI bouncer). From my calculation of the Premium using the Options data (not the difference between Spot and Futures) it is around -65. So it is a Heavily SOLD market.... So we might see some bounce back in the afternoon or tomorrow. The CHG in PE would be the indicator. Now it is at -20L. If it goes to positive then we might surely see a bounce. So have to watch on the PE CHG in OI...
You could see the PE CHG in OI changing from -20L to -15L and the market bouncing back a little bit from 5950 to 5975 - 25 points

No change in CE yet - Still remains at 23L

Since the CE remains the same, Market will not be able to cross 5980 today.
 

healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

With expiry approaching what strategy so you suggest? Charts are forming double top, Oi strong @6000, 6000ce looks like an easy sell, not sure on pair though
If you get the pair 5800-6000 Pair at around 95 - go for it

OR - Since the there are heavy positions at 5800-6000 Pair and assuming the market would spend some time between 5800-6000. One can sell the Pair 5800PE and 6000PE available now at 99.7. One of them will loose. If market crosses 6000 this pair would be even more profitable.
 
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healthraj

Well-Known Member
Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

You could see the PE CHG in OI changing from -20L to -15L and the market bouncing back a little bit from 5950 to 5975 - 25 points

No change in CE yet - Still remains at 23L

Since the CE remains the same, Market will not be able to cross 5980 today.
PE - CHG in OI has come down to -11.48L from -23L. CE still remains at 23.5L. Those who want to Short can Sell around 5972. Try for some Last minute profit of some 20 points
 

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