Banknifty is ready to defend the fall now. IO is back to neural.

Time: 8:30 am   VIX: 16.92  SGX Nifty:  11100  FII: +552 Cr    DII:   -187
Cr
FNO Data Analysis
Index
Max Pain
PCR
Highest OI
PE
CE
Highest Increase
in OI
PE
          CE
Nifty
11200
1.08
11000
11500
11000 (96%)
11200 (46%)
Banknifty
26000
1.04
25500
26500
24500 (73%)
25500 (104%)
              
Future position and Volume Analysis (Nifty & Banknifty stocks)
Long Build Up
Profit Booking
Short Build Up
Short Covering
High Delivery Volumes
Infratel, TCS, Asian
Paint, GAIL, NTPC, HDFC Bank, Coal India,
Titan, Infy, HCL, Bajaj Auto, PGC
Wipro, Maruti, IOC,
Cipla, JSW Steel, Kotak, Adani, LT, Reddy, EM, Grasim, Hindalco, Tamo, TechM,
Hero
HDFC, HCL
Nifty (Over all FNO Position: Neutral with positive bias)
·
Global market is up and SGX nifty is up.
·
FII is in buy mode
·
Highest PE is at 11000 and highest CE is at 11500.
·
PEs are added at 11000 and CEs are added at 11200
·
More number of PEs have been added CEs
·
MAX Pain is at 11200
·
PCR is neutral
·
Net future Position is neutral
·
Time to iron condor or twisted sister.
Banknifty (Over
all FNO Position: Slightly Bullish)
·
ICICI Bank is down and HDFC Bank is up in USA.
·
Highest PE is at 25500 and Highest CE is at 26500.
·
PEs are sold at 24500 and CEs are sold at 25500.
·
All Banknifty stocks are in long
·
More number of PEs have been added than CEs
·
Max Pain is at 26000
·
PCR is neutral
·
Net future positions is long
·
Time to do put credit spread in Banknifty
Executed Trades
ü
Done expiry trading and made profit of 40K
Trading Plan
ü
Will do credit spread in PE side
Open Positions (NIL)

 

Jegathesan Durairaj

Jegathesan Durairaj, a mathematician by qualification, an Ex-software professional and now a full time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity in twitter as itjegan, with huge followers. He had won Zerodha 60 Day Challenge – 10 Times round-the-clock. He is one of the prime Option Writing Trainer and tutored close to 1000 members till now.

He is the Mastermind of CapitalZone – Active Option Trading where Traders can avail Trading Chart with customised indicators, FNO tools and Payoff analysis. His keynote is to provide whole FNO deets to be handy for Traders in a sole place.

Now he is taking more heed on hedging portfolio in Option Writing where we might subject to more market risk. He is streamlining his strategies often and improving perpetually. At this time unfolding ways to measure good-quality Trend Following System.

Conducting workshop in all Metro Cities (Delhi, Mumbai, Bangalore, Chennai and Coimbatore) often based on queries from Traders.

 

https://www.capitalzone.in

 

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