FNO info is too speculative. Pain/High OI is not impressive, but PCR/FNO position is impressive. Exit current month to get rid of gamma effect.

Time: 7:20 am      VIX: 10.56    SGX Nifty: 9514    FII: +858 Cr    DII: -402 Cr Open Interest Analysis Index Max Pain PCR Highest PE CE Highest Increase PE           CE Nifty 9400 1.43 9300 9500 9500 (132%) 9600 (19%) Banknifty 22800 1.25 22000 23000 23000 (40%) 23000 (13%)                                Technical Data and Analysis Index Support

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PUTs are sold heavily at 9300, 9400 and 9450. Max Pain is at 9300. Nifty will move up slowly

Time: 7:45 am      VIX: 10.67    SGX Nifty: 9464    FII: +235 Cr    DII: -65 Cr Open Interest Analysis Index Max Pain PCR Highest PE CE Highest Increase PE           CE Nifty 9300 1.23 9300 9500 9400 (22%) 9600 (2%) Banknifty 22800 1.14 22000 23000 22800 (45%) 23300 (75%)                                Technical Data and Analysis Index Support

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Wild Animal (BNF) takes rest, but white collar friend (IT) is taking charge now to lift market. Thus Nifty shines

Time: 7:45 am      VIX: 10.62    SGX Nifty: 9455    FII: +841 Cr    DII: -710 Cr Open Interest Analysis Index Max Pain PCR Highest PE CE Highest Increase PE           CE Nifty 9300 1.21 9300 9500 9200 (8%) 9500 (6%) Banknifty 22800 1.28 22000 23000 22200 (25%) 23300 (410%)                                Technical Data and Analysis Index Support

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Shorts added to Fatty Brother (HDFC Bank), Time to create short straddle in BNF. Short covering in IT and Nifty shines

Time: 7:50 am      VIX: 10.83    SGX Nifty: 9436    FII: +1306 Cr    DII: -1037 Cr Open Interest Analysis Index Max Pain PCR Highest PE CE Highest Increase PE           CE Nifty 9300 1.25 9300 9500 9400 (20%) 9600 (9%) Banknifty 22800 1.33 22000 23000 22500 (21%) 23000 (34%)                                Technical Data and Analysis Index Support

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Had very dull expiry trading. Premium was too less. Started late. Made profit of 52K only and 59 trades

Open Position Product Instrument Qty. Avg. price LTP P&L Chg. NRML NIFTY17MAY9200PE NFOADD EXIT -1200 25.79 15.00 +12945.00 -41.83% NRML NIFTY17MAY9000PE NFO -900 15.15 6.15 +8100.00 -59.41% NRML NIFTY17MAY9100PE NFO -900 18.72 9.15 +8610.00 -51.11% NRML NIFTY17MAY9250PE NFO -900 23.47 20.00 +3123.75 -14.79% NRML NIFTY17MAY9500CE NFO -900 29.33 36.90 -6810.00 +25.80% NRML BANKNIFTY17MAY22000PE NFO -800 53.36 48.00

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