Day Trading Stocks & Futures

[gsurendra]

We can see Open Interest (OI) in Nifty futures increasing by 8% with increasing volume in a short term bear market. This should indicate a further decline in Nifty. Put Call ratio in volume is only 0.64 also indicating that Put writers are unwilling to sell more Puts expecting a decline. What is confusing me is why there is a significant amount of OI at 10500 strike in Puts and why was there a significant addition of OI as well at this level

 

[Riskyman]

Hang Seng down 1%, Shanghai down 3%. Looks like we will be opening 60-70 points down?

Fantastic.. The market doesnt gap down means traders can sell at higher levels.

 

[TraderRavi]

Hang Seng down 1%, Shanghai down 3%. Looks like we will be opening 60-70 points down?

flat opening but may be it will fall after that.

 

[rahulmalik]

Hang Seng down 1%, Shanghai down 3%. Looks like we will be opening 60-70 points down?

Nifty opening suggesting more opportunities for shorts

 

[rahulmalik]

Fantastic.. The market doesnt gap down means traders can sell at higher levels.

I just sent a similar message . Cheers !

 

[Riskyman]

I just sent a similar message . Cheers !

Dont end up shorting blindly. Can get caught off guard in snap rallies.

 

[rahulmalik]

Dont end up shorting blindly. Can get caught off guard in snap rallies.

Yes Bro ! I am all focused

 

[vikas2131]

CIPLA: Very interesting chart for next week. Be cautious if you are holding.

UBL: Will it hold on the support. Otherwise will be a big pain

 

[TraderRavi]

same story nifty falling BN holding.

 

[kharikumaar]