Nifty swing view (update 1)
In the last post done on the subject we had noted that the Nifty and the BankNifty did not enjoy a lot of buying support at higher levels. When delta and price do not agree then many times a reconciliation is around the corner and such moves when price and delta diverge are always higher […]
Open Interest Tracker
We have 2 sheets now maintained by RM which regularly update the Open Interest position at the end of every trading sesssion. This first one is : Current Month OI. This will track the delta and the OI co- relations This next one by RM tracks the option OI of the FII's […]
Nifty swing view
Here is a look at the Nifty and BankNifty futures. BankNifty : The profile chart above shows the balance at the bottom of the chart between the 1st and the 4th of april. Remember in auction theory that every balance is followed by an imbalance and then a move back to […]
Nifty Profile check- Short term and reference
Here are 2 charts which show the short term view of the Nifty and the reference areas the market is currently auctioning at. We had a trend day in the markets yesterday and the trading room tracked the balance profile and the ability of the markets to move around it. That chart is […]
Nifty OrderFlow
Here's the Nifty march future cumulative delta chart as we begin a new series. As the chart shows, after the big trending down move the NF is at the 2SD band and as expected the delta shows some shorts coming off. At the 2SD band the market can consolidate or go higher. […]