Nifty Option Chain Analysis (18APR2024)
CMP: 22385 (12:35PM)
📌 After Nifty opened significantly lower, it has steadily recovered over the past 2Hrs, inching up from 22260 towards the 22400 mark.
This indicates a semblance of stability amidst the initial volatility.
📌 Total OI : CALL @ 22.8Lk (+4Lk) Vs PUTs @ 19.8Lk (+6.6Lk); PCR @0.87
In Active-Strikes, the OI changes (marked in Grey) are inkling a mild +Ve picture with OI Ch @ +3.3Lk Calls Vs +3.9Lk Puts
📌 Money-flow Activity: No significant Buildups/Unwinds observed since 11:30AM
📌 Intraday Technical Sup/Res: 22250/22520
📌 Overall, OI data suggest a balanced stance
However, we remain vigilant for any shifts in numbers that could signal trading opportunities in either direction
CMP: 22385 (12:35PM)
📌 After Nifty opened significantly lower, it has steadily recovered over the past 2Hrs, inching up from 22260 towards the 22400 mark.
This indicates a semblance of stability amidst the initial volatility.
📌 Total OI : CALL @ 22.8Lk (+4Lk) Vs PUTs @ 19.8Lk (+6.6Lk); PCR @0.87
In Active-Strikes, the OI changes (marked in Grey) are inkling a mild +Ve picture with OI Ch @ +3.3Lk Calls Vs +3.9Lk Puts
📌 Money-flow Activity: No significant Buildups/Unwinds observed since 11:30AM
📌 Intraday Technical Sup/Res: 22250/22520
📌 Overall, OI data suggest a balanced stance
However, we remain vigilant for any shifts in numbers that could signal trading opportunities in either direction
Market Update:
Nifty: 22,345 (-174.90 points)
Sensex: 73,637.78 (-607.83 points)
European Markets:
FTSE: 7,955 (-0.51%)
CAC: 8,051.77 (+0.51%)
DAX: 18,059.83 (+0.72%)
Nifty: 22,345 (-174.90 points)
Sensex: 73,637.78 (-607.83 points)
European Markets:
FTSE: 7,955 (-0.51%)
CAC: 8,051.77 (+0.51%)
DAX: 18,059.83 (+0.72%)
WEEKLY MARKET HEALTH REPORT || 15 April 2024
Despite Sluggishness, Undertone remains Positive!
Last week, the markets traded mostly flat in the shortened trading period, displaying sideways movement. However, select sectors such as Metals, Autos, and Realty showed resilience amidst the sluggishness.
Despite the overall slowdown, our Market Sentiment model, TBI, indicates that the steady increase in the number of up-trending stocks within the N200 basket has not ceased.
This indicates that the underlying sentiment continues to remain bullish. As shown above, the Sentiment Forecast Plot remains positioned within the upper-right quadrant, affirming the market's strength.
As we look ahead to the upcoming week, while minor corrections may occur, they are likely to be met with buying interest.
Midcaps are anticipated to outperform, offering momentum traders opportunities for upside breakouts.
However, only a failure to recover from lower levels may pose a challenge to the present bullish momentum.
Despite Sluggishness, Undertone remains Positive!
Last week, the markets traded mostly flat in the shortened trading period, displaying sideways movement. However, select sectors such as Metals, Autos, and Realty showed resilience amidst the sluggishness.
Despite the overall slowdown, our Market Sentiment model, TBI, indicates that the steady increase in the number of up-trending stocks within the N200 basket has not ceased.
This indicates that the underlying sentiment continues to remain bullish. As shown above, the Sentiment Forecast Plot remains positioned within the upper-right quadrant, affirming the market's strength.
As we look ahead to the upcoming week, while minor corrections may occur, they are likely to be met with buying interest.
Midcaps are anticipated to outperform, offering momentum traders opportunities for upside breakouts.
However, only a failure to recover from lower levels may pose a challenge to the present bullish momentum.
3️⃣Things That Will Decide The Market Today 📈
🔴 GIFT NIFTY opened 66 points lower at 22,183 signalling that the Indian stock market is headed for a negative start today.
🔴 U.S. stocks fell significantly on Monday as Treasury yields went up and growing tensions between Iran and Israel. S&P 500 coming off its biggest one-day percentage drop since Jan. 31 in the previous session, stocks opened higher in part after data showed retail sales increased by more than expected in March.
🔴 The volatility index India VIX went up by 8.11% to the levels of 12.47 indicating increasing volatility in the market.
Daily Fundamental and Technical Picks
Fundamental Picks (for more than a year)
1) Polycab - Target - 7500 (41%)
2) TCS - Target - 4600 (17%)
3) Coal India- Target - 520 (15%)
4) ABB - Target - 7500 (14%)
5) SBI - Target- 860 (13%)
Technical Pick (for 2-3 days)
ONGC
Previous Close - 280
Target - 300
Potential Upside - 7%
🔴 GIFT NIFTY opened 66 points lower at 22,183 signalling that the Indian stock market is headed for a negative start today.
🔴 U.S. stocks fell significantly on Monday as Treasury yields went up and growing tensions between Iran and Israel. S&P 500 coming off its biggest one-day percentage drop since Jan. 31 in the previous session, stocks opened higher in part after data showed retail sales increased by more than expected in March.
🔴 The volatility index India VIX went up by 8.11% to the levels of 12.47 indicating increasing volatility in the market.
Daily Fundamental and Technical Picks
Fundamental Picks (for more than a year)
1) Polycab - Target - 7500 (41%)
2) TCS - Target - 4600 (17%)
3) Coal India- Target - 520 (15%)
4) ABB - Target - 7500 (14%)
5) SBI - Target- 860 (13%)
Technical Pick (for 2-3 days)
ONGC
Previous Close - 280
Target - 300
Potential Upside - 7%
Market Update:
Nifty: 22,128.15 (-144.90 points)
Sensex: 72,833.53 (-566.83 points)
European Markets:
FTSE: 7,855.67 (-1.38%)
CAC: 7,945.12(-1.22%)
DAX: 17,775.63 (-1.36%)
Nifty: 22,128.15 (-144.90 points)
Sensex: 72,833.53 (-566.83 points)
European Markets:
FTSE: 7,855.67 (-1.38%)
CAC: 7,945.12(-1.22%)
DAX: 17,775.63 (-1.36%)
Market Update:
Nifty: 22,143.15 (-4.90 points)
Sensex: 72,908.57 (-35.83 points)
European Markets:
FTSE: 7,897.27 (+0.63%)
CAC: 8,019.58 (+0.47%)
DAX: 17,804.60(+0.18%)
Nifty: 22,143.15 (-4.90 points)
Sensex: 72,908.57 (-35.83 points)
European Markets:
FTSE: 7,897.27 (+0.63%)
CAC: 8,019.58 (+0.47%)
DAX: 17,804.60(+0.18%)
Opening Bell:
Nifty: 22,257.80(+0.50%)
Sensex: 73,417.24(+0.45%)
Banknifty: 47,83823 (+0.55%)
Top Gainer: BPCL, 602.10.20 (+2.75%)
Top Loser: HDFCBANK, 1519.40(-0.80%)
Nifty: 22,257.80(+0.50%)
Sensex: 73,417.24(+0.45%)
Banknifty: 47,83823 (+0.55%)
Top Gainer: BPCL, 602.10.20 (+2.75%)
Top Loser: HDFCBANK, 1519.40(-0.80%)
*Vodafone Massive IPO of 18,000 cr creates Huge Successs Today*
Issue Subscribed: *7 times*
QIB Subscriptions: *20 times*
Shares Offered: *1200 cr*
Shares Applied: *8000+ cr*
Total amount collected: *Rs. 93,600 cr* (88,200 + 5400 anchor)
QIB Applied: *Rs. 72,000 cr* which is *2nd Highest* after Tata Tech IPO
(Even Bharti Hexacom received 63,000 cr)
No of Applicants: *11,67,058*
(Out of which 10,27,900 applicants retail - which is also Fully subscribed)
Issue Subscribed: *7 times*
QIB Subscriptions: *20 times*
Shares Offered: *1200 cr*
Shares Applied: *8000+ cr*
Total amount collected: *Rs. 93,600 cr* (88,200 + 5400 anchor)
QIB Applied: *Rs. 72,000 cr* which is *2nd Highest* after Tata Tech IPO
(Even Bharti Hexacom received 63,000 cr)
No of Applicants: *11,67,058*
(Out of which 10,27,900 applicants retail - which is also Fully subscribed)
Market Update:
Nifty: 22,390.45 (+54.35 points)
Sensex: 73,821.20 (+172.83 points)
European Markets:
FTSE: 8,054.77 (+0.38%)
CAC: 8,059.58 (+0.24%)
DAX: 17,978.65(+0.66%)
Nifty: 22,390.45 (+54.35 points)
Sensex: 73,821.20 (+172.83 points)
European Markets:
FTSE: 8,054.77 (+0.38%)
CAC: 8,059.58 (+0.24%)
DAX: 17,978.65(+0.66%)
TOMORROW EITHER A BIG DAY OR MARKET WILL BRING BACK TO ROLLER 🎢 AGAIN
*Most interesting point today:*
Biggest fall in *
IndiaVIX (23%)*
since 23-May-2019, the day when Lok Sabha results were announced. So, the market is factoring in BJP victory today itself
Biggest fall in *
IndiaVIX (23%)*
since 23-May-2019, the day when Lok Sabha results were announced. So, the market is factoring in BJP victory today itself
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Take the training from MONEYPLANT GROW UNLIMITED and start earning from your own calls.
Join our training session of 10 days with Life time free Educational group.
-Free share market online pdf books free
-Life time support & Guidelines
Topics :-.
1) Basic of the stock market.
2) Candle sticks and types.
3) Indicators and its uses.
4) Intraday and positional - Technique
5) Magic strategy for Intraday 100%. - success*
6)Trend lines expertness.
7) Hedging option Strategy
8) Hedging for expiry.
9)89% daily Money Minting. - strategy.
10)Known rules and the strategic of the intraday market.
12)Hero zero strategy.
13) Technical Analysis, Price action
Time of training:-
Daily:- 6-7 PM (Changeable)
ONE DAY :- LIVE TRAINING IN MARKET
Mode of Training : Online via GOOGLE MEET
Both Hindi and English.
Attend from Laptop or Mobile.
Limited seats only so ping soon.
Last date Monday afternoon- (30- APRIL -2024)
SESSIONS WILL START
01 MAY 2024
DAILY 1 HOUR
THRICE IN A WEEK
CLASS CHARGE- 21999/- only
GPAY NUMBER -9950345431
share your Screenshot on Whatsapp number
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Last few seats available hurry now
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VODAFONE Idea FPO shares to start trading from 9:15 am tomorrow.
MONEYPLANT GROW UNLIMITED IS BRINGING A COURSE TO BE AN INDIPENDENT TRADER ONLY FOR BEGINNERS...
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Join our training session of 10 days with Life time free Educational group.
-Free share market online pdf books free
-Life time support & Guidelines
Topics :-.
1) Basic of the stock market.
2) Candle sticks and types.
3) Indicators and its uses.
4) Intraday and positional - Technique
5) Magic strategy for Intraday 100%. - success*
6)Trend lines expertness.
7) Hedging option Strategy
8) Hedging for expiry.
9)89% daily Money Minting. - strategy.
10)Known rules and the strategic of the intraday market.
12)Hero zero strategy.
13) Technical Analysis, Price action
Time of training:-
Daily:- 6-7 PM (Changeable)
ONE DAY :- LIVE TRAINING IN MARKET
Mode of Training : Online via GOOGLE MEET
Both Hindi and English.
Attend from Laptop or Mobile.
Limited seats only so ping soon.
Last date Monday afternoon- (30- APRIL -2024)
SESSIONS WILL START
01 MAY 2024
DAILY 1 HOUR
THRICE IN A WEEK
CLASS CHARGE- 21999/- only
GPAY NUMBER -9950345431
share your Screenshot on Whatsapp number
whatsapp-7023045435
Last few seats available hurry now
Become an independent trader and make money from trading like a professional trader.
Take the training from MONEYPLANT GROW UNLIMITED and start earning from your own calls.
Join our training session of 10 days with Life time free Educational group.
-Free share market online pdf books free
-Life time support & Guidelines
Topics :-.
1) Basic of the stock market.
2) Candle sticks and types.
3) Indicators and its uses.
4) Intraday and positional - Technique
5) Magic strategy for Intraday 100%. - success*
6)Trend lines expertness.
7) Hedging option Strategy
8) Hedging for expiry.
9)89% daily Money Minting. - strategy.
10)Known rules and the strategic of the intraday market.
12)Hero zero strategy.
13) Technical Analysis, Price action
Time of training:-
Daily:- 6-7 PM (Changeable)
ONE DAY :- LIVE TRAINING IN MARKET
Mode of Training : Online via GOOGLE MEET
Both Hindi and English.
Attend from Laptop or Mobile.
Limited seats only so ping soon.
Last date Monday afternoon- (30- APRIL -2024)
SESSIONS WILL START
01 MAY 2024
DAILY 1 HOUR
THRICE IN A WEEK
CLASS CHARGE- 21999/- only
GPAY NUMBER -9950345431
share your Screenshot on Whatsapp number
whatsapp-7023045435
Last few seats available hurry now