Monday, 21 May 2018

Nifty - 21st May 2018

On 21st May 2018 at the close of Market the PCR of Nifty was 

3,73,42,575 Total May Month open interest of Nifty Put  Options divided by 3,93,48,150 Total May Month open interest of Nifty Call Options is .95. At 10929 PCR was approx 1.52 and today at .95 with Current Nifty at 10516.70 

Indication of Puts have been squared off and call have started adding shorts and Nifty found difficult to cross 11000 where highest OI of Calls were Outstanding  (PCR falling and below 1  [Keep Observing PCR along with Nifty Options Chain to understand the Movement of Nifty Index] ).

Put Options Highest Open Interest still stands and got added at  Strike Price 10500 PE (54,32,025) making it a good Support Nifty is falling and Decreasing  PCR continuously from past few days indicates that puts are being squared off and Calls are being added

Call Options Open Interest still stands at 11000 CE (Highest Open Interest 57,27,600) maintaining from the beginning of May 2018 Series followed by 10800 CE and highest additions in 10600 CE

As per Data Received for Futures (18/05/2018)

Change in Stock OI :

Long Buildup       : ALBK, JUBI, BRGR, HPCL, UNBK, SNDB, CBK, TTCH, TELX

Short Buildup       : CLGT, STR, OFSS, AL, DIVI, JUST, AMRJ, ACC, PAG, DLFU, IHFL, TPWR

Short Covering     : BRCM, NITEC, UBBL, INBK, ADE, BPCL, DBEL, SBIN, GAIL, PNB, KKC

Long Unwinding   : JPA, KPIT, CEAT, RCOM, OINL, NHPC, SUNTV, HNDL, WPL, BIL, CANF

** In Expiry week PCR does not have much Relevance BUT Open Interest on Strike prices can give us an Indication of the price Movement of Nifty


Through this Blog , I , Jyoti Budhia will try to create Awareness Options which will make traders Aware and they can understand the use of Option Chain.


 **Disclaimer

I am giving the readings of Nifty  Options Chain for Educational Purpose. I request everyone that, please understand before taking a trade. I am NOT RESPONSIBLE for any Losses incurred by anyone taking trades based on my blogs. I and/or my Students may or may Not have position. MY ALL BLOGS WILL BE FOR EDUCATIONAL PURPOSE ONLY

Jyoti Budhia (Technical Analysis & Options Trainer)
Whats App :9324473734
Email : jyoti@ncfmtraining.com
Url : www.ncfmtraining.com

Saturday, 19 May 2018

Nifty - 18th May 2018

Nifty - 18th May 2018

On 18th May 2018 at the close of Market the PCR of Nifty was 

3,89,52,000 Total May Month open interest of Nifty Put  Options divided by 3,75,36,775 Total May Month open interest of Nifty Call Options is 1.04. At 10929 PCR was approx 1.52 and today at 1.04 with Current Nifty at 10596.40 

Indication of Puts have been squared off and call have started adding shorts and Nifty found difficult to cross 11000 where highest OI of Calls were Outstanding  (PCR falling and near 1  [Keep Observing PCR along with Nifty Options Chain to understand the Movement of Nifty Index] ).

Put Options Highest Open Interest still stands at  Strike Price 10500 PE (53,76,,675) making it a good Support and 2nd highest now is at 10300 PE - OTM  (3,46,200) Nifty is falling and Decreasing  PCR continuously from past few days indicates that puts are being squared off and Calls are being added

Call Options Open Interest still stands at 11000 CE (Highest Open Interest 58,49,259)) maintaining from the beginning of May 2018 Series followed by 10800 CE 

As per Data Received for Futures (18/05/2018)

Change in Stock OI :

Long Buildup       : CLGT, UBBL, BIOS, KMB, BRCM, JUBI, TECHM, HUVR, IIB, BJFIN, DITV

Short Buildup       : SRF, VGRD, STR, ESC, ARVND, BJAUT, ALBK, VOLT, UNSP, COAL, AL, CDH, PVRL, AJP, LT, CAFL, APHS, BOB, HPCL, VEDL, RIL, IHFL, OBC, CESC, HDFC, CIPLA, ARBP, ACC

Short Covering     : BAF, CCRI, BRGR, TTAN, TRCL, GCPL

Long Unwinding   : BIL, INBK, RNAVA, MRPL, GRAN, JUST, PLNG, PAG, RCAPT, PTCIN, EXID, SRCM, RELI, MUTH, HNDL, HMCL, SUNTV, WPL, RCOM, BATA, RBK, BHE, BHIN, NMDC, FB

** In Expiry week PCR does not have much Relevance BUT Open Interest on Strike prices can give us an Indication of the price Movement of Nifty


Through this Blog , I , Jyoti Budhia will try to create Awareness Options which will make traders Aware and they can understand the use of Option Chain.


 **Disclaimer

I am giving the readings of Nifty  Options Chain for Educational Purpose. I request everyone that, please understand before taking a trade. I am NOT RESPONSIBLE for any Losses incurred by anyone taking trades based on my blogs. I and/or my Students may or may Not have position. MY ALL BLOGS WILL BE FOR EDUCATIONAL PURPOSE ONLY

Jyoti Budhia (Technical Analysis & Options Trainer)
Whats App :9324473734
Email : jyoti@ncfmtraining.com
Url : www.ncfmtraining.com

Wednesday, 16 May 2018

Nifty - 16th May 2018

On 16th May 2018 at the close of Market the PCR of Nifty was 

4,21,11,000 Total May Month open interest of Nifty Put  Options divided by 3,39,92,025Total May Month open interest of Nifty Call Options is 1.238

Indication of Puts have been shorted (PCR more then 1 and Nifty Index rising [Keep Observing PCR along with Nifty Options Chain to understand the Movement of Nifty Index] ).

Put Options Highest Open Interest still stands at  Strike Price 10500 PE (55,33,650) making it a good Support level though open interest at this level reduced by 5,29,650 and 2nd highest in 10700 PE also saw open interest reducing by3,06,225 Nifty is falling and Decreasing  PCR continuously from past two days indicates that puts are being squared off and Calls are being added

Call Options Open Interest still stands at 11000 CE (Highest Open Interest 60,91,875) maintaining from the beginning of May 2018 Series and 4,89,675 added in 10800 CE shifting the resistance to 10800



As per Data Received for Futures (16/05/2018)

Change in Stock OI :
Long Buildup       : ESC, BIL, PAG, CAFL, APNT, IRB, SRF, PTCIN, JI, MTCL, HEXW, HUVR

Short Buildup       : MUTH, TVSL, PNB, CIPLA, CIFC, BOB, SNDB, NJCC, PLNG, HNDL, MMFS
Short Covering     : PCJL, SIEM, BHE, RBK, JETIN, RECL, SRCM, LPC, HAVL, JPA, ARVND
Long Unwinding   : BPCL, ALBK, HDFCB, ANDB, WPL, OBC, ADSEZ, ONGC, LICHF, KMB, IOCL
** In Expiry week PCR does not have much Relevance BUT Open Interest on Strike prices can give us an Indication of the price Movement of Nifty


Through this Blog , I , Jyoti Budhia will try to create Awareness Options which will make traders Aware and they can understand the use of Option Chain.


 **Disclaimer

I am giving the readings of Nifty  Options Chain for Educational Purpose. I request everyone that, please understand before taking a trade. I am NOT RESPONSIBLE for any Losses incurred by anyone taking trades based on my blogs. I and/or my Students may or may Not have position. MY ALL BLOGS WILL BE FOR EDUCATIONAL PURPOSE ONLY

Jyoti Budhia (Technical Analysis & Options Trainer)
Whats App :9324473734
Email : jyoti@ncfmtraining.com
Url : www.ncfmtraining.com

Tuesday, 15 May 2018

Nifty-15th May 2018

On 15th May 2018 at the close of Market the PCR of Nifty was 

4,44,93,730 Total May Month open interest of Nifty Put  Options divided by 3,37,51.125 Total May Month open interest of Nifty Call Options is 1.318

Indication of Puts have been shorted (PCR more then 1 and Nifty Index rising [Keep Observing PCR along with Nifty Options Chain to understand the Movement of Nifty Index] ).

Put Options Highest Open Interest still stands at  Strike Price 10500 PE (60,63,300) making it a good Support level though open interest at this level reduced by 6,14,400 and 2nd highest in 10700 PE also saw open interest reducing by 3.11.025 and today's  open interest was seen built up in 10800 PE by 8.50.750 (29,75,775) showing support being built slowly at this level.

Nifty Respected its 11000 CE highest open interest by making Intraday High of 10947.90 in Futures and Reversed from there. Call Options Open Interest still stands at 11000 CE (Highest Open Interest 63,73,500 ) maintaining from the beginning of May 2018 Series. 



As per Data Received for Futures (15/05/2018)

Change in Stock OI :
Long Buildup       : BHAFI, BAF, UBBL, VOLT, TATA, IIB, PTCIN, HDFC, TECHM, BIOS

Short Buildup       : PCJL, ACC, ALBK, PIDI, NJCC, CIPLA, AL, TTMT/A, OFSS, TGBL, IHFL, BHE, TTMT, CAFL, BRCM, KBL, NHPC, DIVI, AJP, VEDL, MMFS, PLNG, DITV, BJAUT, ACEM 

Short Covering     : SIEM, SRCM, CLGT, SRF, BRGR, GCPL, CIFC, SHTF, GRAN, HNDL, APTY, TTAN, TCS, GNP, BPCL, ONGC, HAVL, BJFIN, HDFCB, HPCL

Long Unwinding   :  PAG, UJJIV, NITEC, KJC, RNAVA, BATA, JETIN, FB, NEST, EXID, LT, OBC, ARVND, MRCO, LTFH, JSP, AMRJ, INBK, TCOM, JPA

** In Expiry week PCR does not have much Relevance BUT Open Interest on Strike prices can give us an Indication of the price Movement of Nifty


Through this Blog , I , Jyoti Budhia will try to create Awareness Options which will make traders Aware and they can understand the use of Option Chain.


**Disclaimer


I am giving the readings of Nifty  Options Chain for Educational Purpose. I request everyone that, please understand before taking a trade. I am NOT RESPONSIBLE for any Losses incurred by anyone taking trades based on my blogs. I and/or my Students may or may Not have position. MY ALL BLOGS WILL BE FOR EDUCATIONAL PURPOSE ONLY

Jyoti Budhia (Technical Analysis & Options Trainer)
Whats App :9324473734
Email : jyoti@ncfmtraining.com
Url : www.ncfmtraining.com

Monday, 14 May 2018

Nifty - 14th May 2018

On 14th May 2018 at the close of Market the PCR of Nifty was 

4,74,24,600 Total May Month open interest of Nifty Put  Options divided by 3,40,99.050 Total May Month open interest of Nifty Call Options is 1.39

Indication of Puts have been shorted (PCR more then 1 and Nifty Index rising [Keep Observing PCR along with Nifty Options Chain to understand the Movement of Nifty Index] ).

Put Options Open Interest increased in every Strike Price 10500 PE (Highest Open Interest 66,77,700) making it a good Support level and highest additions again (6,33,975) being built up in 10700 PE showing support being built at this level.

Call Options Open Interest still stands at 11000 CE (Highest Open Interest 61,46,100 ) maintaining from the beginning of May 2018 Series. 
15th May expected to be Volatile due to  Karnataka Elections Results 

As per Data Received for Futures (14/05/2018)

Change in Stock OI :
Long Buildup       : SUNTV, CBK, GAIL, UNBK, BIOS, CIPLA, APNT, BHAFI, HDFC, SIB

Short Buildup       : TGBL, ESC, AL, PIDI, ADSEZ, PCJL, IOCL, PTCIN, OFSS, JUST, ACC, RELI, SHTF, TTMT, DIVI, POWF, VOLT, UNSP, GNP, RCAPT, IDFCB, Z, MAXF, STR, BHEL, APHS, DLFU, CAFL

Short Covering     : INDIG, NITEC, PWGR, IGL, OBC, APTY, CLGT, SBIN, HMCL, MRCO, HPCL, BHFC, AJP, CGPOW, HEXW, MCX, GCPL, PNB, MRPL, KJC

Long Unwinding   : INBK, FB, SRF, EXID, BOS, RCOM, HNDL, TTCH, GDSP, SUEL, VGRD, UJJIV, GRASI, HCC, LT, ADANI, BATA, KPIT, KKC

** In Expiry week PCR does not have much Relevance BUT Open Interest on Strike prices can give us an Indication of the price Movement of Nifty


Through this Blog , I , Jyoti Budhia will try to create Awareness Options which will make traders Aware and they can understand the use of Option Chain.


**Disclaimer


I am giving the readings of Nifty  Options Chain for Educational Purpose. I request everyone that, please understand before taking a trade. I am NOT RESPONSIBLE for any Losses incurred by anyone taking trades based on my blogs. I and/or my Students may or may Not have position. MY ALL BLOGS WILL BE FOR EDUCATIONAL PURPOSE ONLY

Jyoti Budhia (Technical Analysis & Options Trainer)
WhatsApp :9324473734
Email : jyoti@ncfmtraining.com
Url : www.ncfmtraining.com

Saturday, 12 May 2018

Nifty 11th May 2018

On 11th May 2018 at the close of Market the PCR of Nifty was 

4,57,76,700   Total May Month open interest of Nifty Put  Options divided by 3,27,57,975 Total May Month open interest of Nifty Call Options is 1.397

Indication of Puts have been shorted (PCR more then 1 and Nifty Index rising [Keep Observing PCR along with Nifty Options Chain to understand the Movement of Nifty Index] ).

Put Options Open Interest increased in every Strike Price 10500 PE (Highest Open Interest 63,18,450) making it a good Support level and highest additions (12,46,275) being built up in 10700 PE showing support being built at this level.

Call Options Open Interest still stands at 11000 CE (Highest Open Interest 59,90,850) maintaining from the beginning of May 2018 Series. 

Coming week expected to be Volatile due to  Karnataka Elections Results 

** In Expiry week PCR does not have much Relevance BUT Open Interest on Strike prices can give us an Indication of the price Movement of Nifty

Through this Blog , I , Jyoti Budhia will try to create Awareness Options which will make traders Aware and they can understand the use of Option Chain.

**Disclaimer


I am giving the readings of Nifty  Options Chain for Educational Purpose. I request everyone that, please understand before taking a trade. I am NOT RESPONSIBLE for any Losses incurred by anyone taking trades based on my blogs. I and/or my Students may or may Not have position. MY ALL BLOGS WILL BE FOR EDUCATIONAL PURPOSE ONLY

Jyoti Budhia
WhatsApp :9324473734
Email : jyoti@ncfmtraining.com
Url : www.ncfmtraining.com