Options/futures data for 16th Feb (EOD)
Summary:1. Options table is now at a point that its now looking too bullish. That’s where one has to be cautious. 2. 5600 is the current resistance3. 5500 is a 50-50 level with equal puts and calls4. 5400 is the strong support. Yesterday 17L 5300PEs were added. Someone buying?5. PCR up 1.22 from 1.17Nifty Futures:2.57Cr OI […]
Profile charts for 17th Feb
The Italics are the comments from yesterday. Bank Nifty : – A DD day with close above yesterday’s HVN at 10900– 2 day profile shows a better symmetry and signs of continuation.– 11140 and 11450 remain upside targets-10856 is immediate support.– SL at 10680-10650 for the new trend —— -Clearly the mkt stalled at the […]
Trade Alerts : 16th Feb
*** INTRA-DAY TRADES *** * Buy BankNifty 10971 , sl 10950, tgt 11010Stop of 21 pts hit-21 *** OPEN TRADES **** Buy SBI at 2750, sl 2688, tgt 2841/ 2886 ***Total points for the Day : Mini Nifty :Nifty :Bank Nifty :-21Option : ***Cumulative points for the Feb Series : Mini Nifty :-6Nifty :89Bank Nifty […]
Tsharafna
That- from the part of the world I have been to recently means “It’s nice to meet you”. Happy to be back on Vtrender and doing a post after 45 days +. Lots has changed and it’s very difficult to see the markets at 5500 levels instead of the 6xxx levels.I was in the trading […]