Huge roll-over with long in June Contracts of Nifty and Banknifty. 15000 Seems to be strong support. Looks positive and good to sell PE
Time: 8:45 am VIX: 19.91 SGX Nifty: 15460 FII: -661 DII: +112
Option Data Analysis (Jun)
Highest Increase in OI
Future Analysis (Nifty & Banknifty)
Nifty (Over all FNO Position: Bullish)
Global market is up and SGX nifty is up.
FII is in sell mode.
Highest PE is at 14000 and highest CE is at 16000.
PEs are added at 15000 and CEs are added at 15300.
More number of CEs are added than PEs.
Max pain is at 15000 (No change in Max Pain)
PCR is not changing.
Net future Position is in long.
Time to sell only PE.
Banknifty (Over all FNO Position: Range-bound)
ICICI Bank is up and HDFC Bank is up in USA.
Highest PE is at 33000 and Highest CE is at 40000
PEs are sold at 33000 and CEs are sold at 42000.
More number of CEs have been added than PEs.
Max Pain is at 34500 (No change in max pain)
PCR is not changing.
Net future position is in Long.
Time to sell PE
Did expiry Trading and made a profit of 2.6L
Will do intraday trading in Nifty
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.
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