Still max pain is going down with PCR & OI. More CEs are sold. Still no hope for recovery. Sell CE in Nifty and PE in Banknifty

Still max pain is going down with PCR & OI. More CEs are sold. Still no hope for recovery. Sell CE in Nifty and PE in Banknifty

Time: 8:00 am   VIX: 15.01      SGX Nifty: 10133     FII: -1471 Cr        DII: +1074 Cr Open Interest Analysis Index Max Pain PCR Highest OI PE CE Highest Increase in OI PE           CE Nifty 10050 0.85 10000 10500 9900 (33%) 10100 (82%) Banknifty 25200 1.64 25000 26000 25000 (32%) 25500 (38%)

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Wild Animal shows weakness now. Double bottom created with distribution. It is judgement week. Far OTM short strangle will suite

Wild Animal shows weakness now. Double bottom created with distribution. It is judgement week. Far OTM short strangle will suite

Time: 7:30 am   VIX: 14.85      SGX Nifty: 10170     FII: -334 Cr        DII: +776 Cr Open Interest Analysis Index Max Pain PCR Highest OI PE CE Highest Increase in OI PE           CE Nifty 10100 0.87 10000 10500 10000 (6%) 10400 (10%) Banknifty 25300 1.52 25000 26000 24500 (52%) 26000 (9%)

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FNO Setup (OI, MaxPain & PCR) is weak. Nifty is weaker than Banknifty. Distribution in HDFC twins can create panic. Sell only CE.

FNO Setup (OI, MaxPain & PCR) is weak. Nifty is weaker than Banknifty. Distribution in HDFC twins can create panic. Sell only CE.

Time: 8:00 am   VIX: 14.80      SGX Nifty: 10156     FII: +306 Cr        DII: +176 Cr Open Interest Analysis Index Max Pain PCR Highest OI PE CE Highest Increase in OI PE           CE Nifty 10100 0.89 10000 10500 10000 (15%) 10300 (82%) Banknifty 25400 1.45 25500 26000 24000 (189%) 26500 (20%)

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Shorts maintained in all Nifty stocks. More CE are sold. Max Pain came down. Setup for another fall or huge short covering. Better to stay away

Time: 8:55 am   VIX: 13.55      SGX Nifty: 10269     FII: -1501 Cr        DII: +1203 Cr Open Interest Analysis Index Max Pain PCR Highest OI PE CE Highest Increase in OI PE           CE Nifty 10300 0.96 10000 10500 10100 (53%) 10500 (73%) Banknifty 25500 1.14 25500 26000 26000 (176%) 26000 (28%)

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