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:
📌Bank Nifty premium increase by 120 points
📌OI -3.15%
📌IV -2.10%

Indicating short covering from morning lows(see chart as OI slumps when price moves up)

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

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 trail✅✅

Financialization transformation theme👉
CDSL 1734 to 1005 cmp 1115
BSE 1046 to 572 cmp 584
CAMS 4067 to 2037 cmp 2418

If participation in equities is set to increase subsequently in next 10-15 years then these are good proxy plays,try finding good support zones in charts to add in parts✅

As per charts we are focusing on these important support zones to plan entry👉🏻
BSE 545-509-460
CDSL 1015-925-836
CAMS 2150-2035-1750

Metal stocks beaten out of shape👉🏻
Tata Steel cmp 850
Hindalco cmp 315
VEDL 225

ALL THESE STOCKS IN DEMAND ZONE IN NEXT 10% CORRECTION.RISK TAKERS PLAY

Good initial signs,sharp turn from low in metal stocks with volume🤞🏻

#NFL at long term demand zone,support 39-36.Above 46 weekly closing good move expected👀👀

Nifty data:
PCR 0.81 to 1.07
OI -0.84%
Volume +14.49%

Bank Nifty data:
PCR 0.77 to 0.99
OI -10.75%
Volume +35.90%

As mentioned in previous post,futures data showed short covering since previous 2 sessions,today also it continued.Options data shows huge put writing

Bulls after one day rally and again gap down😂

Nifty data:
PCR 1.07 to 0.81
OI +10.05%
Volume +1.05%

Bank Nifty data:
PCR 0.99 to 0.86
OI -1.83%
Volume -30.85%

Data in futures suggest short buildup in NF and long unwinding in BNF both with low volume.Options data suggest put writers unwinding in both indeces

#Reliance is at short term support zone 2500-2475 after recent correction

#Aptech is taking support at weekly support zone of 200,if holds 190 then good move possible.Keep on radar