Super Performance Trading & Wealth Creation
Nifty short term traders keep an eye on support of 15710 closing for any bounce.If doesn't hold then next support at 15410-15350
Nifty fired 1000 points from that level given last month,now again back to same level.If holds then need to cross 16200 for reversal confirmation,if breaks then 15400-14500 next support zonesβ
Super Performance Trading & Wealth Creation
Tvs motors at medium term support zone.Bulls can keep an eye
#TVS Motors 500 to 800 already did fantastic move for us,now chart is looking very strong.Closing above 830-845 zone target of 1150 opens up.Keep an eye
Super Performance Trading & Wealth Creation
Nifty data: PCR 1.08 to 0.89 OI +0.41% Volume +6.51% Bank Nifty data: PCR 0.92 to 0.69 OI +12.74% Volume -5.25% Data in futures shows short buildup with flattish volume,options data shows huge call writing
Nifty data:
PCR 0.89 to 0.70
OI -2.91%
Volume +5.70%
Bank Nifty data:
PCR 0.69 to 0.61
OI +9.03%
Volume +10.21%
PCR 0.89 to 0.70
OI -2.91%
Volume +5.70%
Bank Nifty data:
PCR 0.69 to 0.61
OI +9.03%
Volume +10.21%
FII long short ratio till yesterday at shows 88% short in index futures,extremely oversoldπ
(to compare how oversold,when market crashed 2 years ago FII were 59% short at bottom)
Some additional data they use for hedging etcππ»
Stock futures 58% long
Index call options 54% long
Index put options 65% long
Stock call options 37% long
Stock put options 57% long
(to compare how oversold,when market crashed 2 years ago FII were 59% short at bottom)
Some additional data they use for hedging etcππ»
Stock futures 58% long
Index call options 54% long
Index put options 65% long
Stock call options 37% long
Stock put options 57% long
Super Performance Trading & Wealth Creation
FII long short ratio till yesterday at shows 88% short in index futures,extremely oversoldπ (to compare how oversold,when market crashed 2 years ago FII were 59% short at bottom) Some additional data they use for hedging etcππ» Stock futures 58% long Indexβ¦
Nifty data chart for historical short/oversold futures for reference
#FSL cmp 99. Long term entry zone for investors 93-85. Target 200++.One can start dabbling or keep an eyeππ
Super Performance Trading & Wealth Creation
Nifty data: PCR 0.89 to 0.70 OI -2.91% Volume +5.70% Bank Nifty data: PCR 0.69 to 0.61 OI +9.03% Volume +10.21%
Nifty data:
PCR 0.70 to 0.73
OI -0.56%
Volume -11.65%
Bank Nifty data:
PCR 0.61 to 0.63
OI -3.25%
Volume +12.72%
Data in futures suggest first sign of short covering in BNF after huge short buildup of 6 lacs OI in previous 2 days,options data flattish in both indeces
PCR 0.70 to 0.73
OI -0.56%
Volume -11.65%
Bank Nifty data:
PCR 0.61 to 0.63
OI -3.25%
Volume +12.72%
Data in futures suggest first sign of short covering in BNF after huge short buildup of 6 lacs OI in previous 2 days,options data flattish in both indeces
#Sterling Tools(India's second largest fastners company) cmp 242 looks good to add on dips. Support 205-190 for medium term entry. Projected breakout target 400++. Keep an eyeβ
β
Pre-expiry options data buildup today till 1 pm:
βοΈ15800ce saw OI buildup 50 lacs to 72 lacs in the morning,now unwinding seen current OI 61 lacs.15800pe OI up 30 lacs to 45 lacs since morning
βοΈ15700ce saw OI buildup 15 lacs to 45 lacs in the morning,now unwinding seen current OI 32 lacs.15700pe OI up 34 lacs to 71 lacs since morning
Both shows bullish buildup.Futures data shows NF OI +2%(long buildup) and BNF OI -1%(short covering).Need to see if this bullish bias holds till closing or bears attack again
βοΈ15800ce saw OI buildup 50 lacs to 72 lacs in the morning,now unwinding seen current OI 61 lacs.15800pe OI up 30 lacs to 45 lacs since morning
βοΈ15700ce saw OI buildup 15 lacs to 45 lacs in the morning,now unwinding seen current OI 32 lacs.15700pe OI up 34 lacs to 71 lacs since morning
Both shows bullish buildup.Futures data shows NF OI +2%(long buildup) and BNF OI -1%(short covering).Need to see if this bullish bias holds till closing or bears attack again
#Options small risk bet taken for us with sl 20 points
Super Performance Trading & Wealth Creation
#Options small risk bet taken for us with sl 20 points
High above 81 but Nifty not sustaining, exited trailing at cost
Super Performance Trading & Wealth Creation
GOOD TIME TO START BUILDING PORTFOLIOππππ Tailor made way as per risk profile.Fees applicable Those interested can contact @KaranTradingMonk
Excellent opportunity to build portfolio for next 10 years,in 2030 it will look like GREAT MISSED OPPORTUNITY as prices will be 4-5x.Just like now you think that 2013 or 2016 or 2020 were big opportunities.Phased manner plan with multi level entries will be best.DON'T MISS ITπ₯π―
In 2013ππ»
Kotak Bank 300
TCS 700
Infy 300
Bajfin 150
Maruti 1200
Divis 500
Eicher 300
UPL 90
Reliance 400
Titan 200
Axis Bank 150
Asian Paints 400
Britannia 250
Pidilite 250
(Now check how much money multiplied)β β
In 2013ππ»
Kotak Bank 300
TCS 700
Infy 300
Bajfin 150
Maruti 1200
Divis 500
Eicher 300
UPL 90
Reliance 400
Titan 200
Axis Bank 150
Asian Paints 400
Britannia 250
Pidilite 250
(Now check how much money multiplied)β β
#Nifty PE chart
Feb 2016 low PE 18.67 at 6900
March 2020 low PE 17.15 at 7600
Currently PE 19.01 at 15360
So looking at only price on chart is illusive as earnings have grown exponentially,at 15k it will be at 18.59 PE and at 14k it will be at 17.32 PE(similar to old PE lows)
Feb 2016 low PE 18.67 at 6900
March 2020 low PE 17.15 at 7600
Currently PE 19.01 at 15360
So looking at only price on chart is illusive as earnings have grown exponentially,at 15k it will be at 18.59 PE and at 14k it will be at 17.32 PE(similar to old PE lows)
Super Performance Trading & Wealth Creation
Nifty data: PCR 0.70 to 0.73 OI -0.56% Volume -11.65% Bank Nifty data: PCR 0.61 to 0.63 OI -3.25% Volume +12.72% Data in futures suggest first sign of short covering in BNF after huge short buildup of 6 lacs OI in previous 2 days,options data flattish inβ¦
Nifty data:
PCR 0.75 to 0.60
OI +5.17%
Volume +128.50%
Bank Nifty data:
PCR 0.71 to 0.59
OI +11.23%
Volume +77.30%
Data in futures suggest both indeces saw short build up yesterday with huge volume
PCR 0.75 to 0.60
OI +5.17%
Volume +128.50%
Bank Nifty data:
PCR 0.71 to 0.59
OI +11.23%
Volume +77.30%
Data in futures suggest both indeces saw short build up yesterday with huge volume
Super Performance Trading & Wealth Creation
Nifty data: PCR 0.75 to 0.60 OI +5.17% Volume +128.50% Bank Nifty data: PCR 0.71 to 0.59 OI +11.23% Volume +77.30% Data in futures suggest both indeces saw short build up yesterday with huge volume
Intraday data at 10.45 am:
πBank Nifty premium increase by 120 points
πOI -3.15%
πIV -2.10%
Indicating short covering from morning lows(see chart as OI slumps when price moves up)
πBank Nifty premium increase by 120 points
πOI -3.15%
πIV -2.10%
Indicating short covering from morning lows(see chart as OI slumps when price moves up)
Super Performance Trading & Wealth Creation
Intraday data at 10.45 am: πBank Nifty premium increase by 120 points πOI -3.15% πIV -2.10% Indicating short covering from morning lows(see chart as OI slumps when price moves up)
#Bank Nifty closed at day high,both intraday dips got bought into after alert(gave 300-350 points move twice)β
β
Super Performance Trading & Wealth Creation
Nifty data: PCR 0.75 to 0.60 OI +5.17% Volume +128.50% Bank Nifty data: PCR 0.71 to 0.59 OI +11.23% Volume +77.30% Data in futures suggest both indeces saw short build up yesterday with huge volume
Nifty data:
PCR 0.60 to 0.77
OI -1.07%
Volume -8.40%
Bank Nifty data:
PCR 0.59 to 0.79
OI -8.63%
Volume -11.92%
Data in futures suggest decent short covering in BNF today following yesterday's initial covering and in NF short covering started today.Options data suggest some long buildup in both indeces
PCR 0.60 to 0.77
OI -1.07%
Volume -8.40%
Bank Nifty data:
PCR 0.59 to 0.79
OI -8.63%
Volume -11.92%
Data in futures suggest decent short covering in BNF today following yesterday's initial covering and in NF short covering started today.Options data suggest some long buildup in both indeces
Crude July has support at 8510-8460.Stop 20 points below levels
Super Performance Trading & Wealth Creation
Crude July has support at 8510-8460.Stop 20 points below levels
Crude after alert low 8496 and high 8592. RR of 1:4 move to book or trailβ
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