Nifty most likely to cross 11K as MaxPain, OI help with future position. Time for putcalendar
Analysis
|
Index
|
Max Pain
|
PCR
|
Highest OI
|
Highest Increase in OI
|
||||||
|
Nifty
|
10900
|
1.27
|
10500
|
11200
|
10800 (34%)
|
11200 (29%)
|
||||
|
Banknifty
|
27100
|
1.06
|
27500
|
27500
|
27000 (45%)
|
27000 (32%)
|
||||
& Volume Analysis (Nifty & Banknifty stocks)
|
Long Build Up
|
Profit Booking
|
Short Build Up
|
Short Covering
|
High Delivery Volumes
|
|
HDFC
Bank, ICICI, Titan, HDFC, ITC, Sun Pharma, Cipla, Tata Steel |
(Over all FNO Position: Slightly Bullish)
Global market is up and SGX nifty is up.
FII is in sell mode
Highest PE is at 10500 and highest CE
is at 11200.
PEs are added at 10800 and CEs are
added at 11200
More number of PEs have been added than
CEs
MAX Pain is at 10900 (100 points up)
PCR is bullish
Net future Position is in long
Time for putcalendar
ICICI Bank is up and HDFC Bank is up
in USA.
Highest PE is at 27500 and Highest CE
is at 27500.
PEs are sold at 27000 and CEs are
sold at 27000.
More number of PEs have been added
than CEs
Max Pain is at 27100 (up by 100
points)
PCR is bullish
Net future positions is in neutral
Time to create putcalendar
Done nothing
May create put calendar
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.
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