Equal speculation in Future and Option. Market is set to get consolidated with volatility of RBI meet expectation.

Time: 9:00 am   VIX: 11.18      SGX Nifty: 10036       FII: -223 Cr        DII: +425 Cr Open Interest Analysis Index Max Pain PCR Highest PE CE Highest Increase PE           CE Nifty 10000 0.99 9800 10500 9400 (69%) 10500 (71%) Banknifty 24900 0.95 24500 25000 24000 (19%) 25000 (44%)                                Technical Data

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More shorts are added. PCR and MAX Pain are weak. IT and Banking sectors are weak. Sell more CE in Weekly

Time: 8:30 am   VIX: 11.21      SGX Nifty: 9983       FII: +1870 Cr        DII: +660 Cr Open Interest Analysis Index Max Pain PCR Highest PE CE Highest Increase PE           CE Nifty 10000 1.03 9800 10000 10000 (38%) 10300 (115%) Banknifty 24800 0.89 24000 24500 25000 (290%) 26000 (502%)                                Technical Data

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Was charged by 10050 PE and made only 12K and total MTM (6K loss). Punched around 90 trades today

Open Positions NRML BANKNIFTY17AUG23000PE NFO -1600 56.25 29.05 +43520.00 -48.36% NRML BANKNIFTY17AUG23500PE NFO -800 67.00 56.00 +8800.00 -16.42% NRML BANKNIFTY17AUG24000PE NFO -800 111.50 110.00 +1202.00 -1.35% NRML BANKNIFTY17AUG25500CE NFO -800 49.75 160.70 -88760.00 +223.02% NRML NIFTY17AUG9500PE NFO -1200 16.31 17.90 -1905.00 +9.73% MIS BANKNIFTY17JUL24400PE NFO 0 0.00 0.10 +6574.00 NA MIS BANKNIFTY17JUL24500PE NFO 0 0.00 0.05 +7254.00

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PCR is above 2 which is ultra-bullish. More short covering and ICICI bank results will mostly likely to lift both Nifty and Banknifty today

Time: 7:35 am   VIX: 11.17      SGX Nifty: 10041       FII: -61 Cr        DII: +677 Cr Open Interest Analysis Index Max Pain PCR Highest PE CE Highest Increase PE           CE Nifty 9950 2.01 9900 10000 10000 (43%) 10100 (23%) Banknifty 24500 1.82 24400 24500 24600 (461%) 24900 (35%)                                Technical Data

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No Short is maintained in banking stocks, Wild Animal (Banknifty) wants to go up and Nifty most likely to reach 10K before this expiry.

Time: 8:55 am   VIX: 10.91      SGX Nifty: 9981       FII: +271 Cr        DII: -210 Cr Open Interest Analysis Index Max Pain PCR Highest PE CE Highest Increase PE           CE Nifty 9900 1.65 9900 10000 9000 (6%) 10000 (14%) Banknifty 24400 1.52 24000 24500 24500 (433%) 24900 (193%)                                Technical Data

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