Trading Strategy for 31st January 2014

Yesterday boldly written that market may respect 6000 Level. Market respects it and bounce back in 2^nd half.

Overnight US Market close in Green, Dow 15,848 (+109.82) (+0.72%)

Asian Nikkei & India Only Open and positive ………

SGX NIIFTY 6106 (+10) is Up.

For fresh buy signals is better to wait for new Patterns. There is short rollover in Market. There is highest open interest in Nifty 6000 Put. Market may respect this 6000 level. If breaks 6075 with volume & sustains more than 30 min than we see panic continues.

OPEN INTEREST DEVELOPMENT IN NIFTY CALL / PUT

CALL: 

6300 CALL            : 3,106,250 (+495,200)

6200 CALL             : 2,387,150 (+584,300)

PUT:

6000 PUT              : 4,816,300 (+859,400) HIGHEST

5900 PUT              : 2,893,400 ( +823,150)

Trading Strategy for 30rd January 2014

Overnight US Market close in red Dow 15,739 (-190) (-1.19%)

Asian Market Red………

SGX NIIFTY 6031 (-90) is Down.

Today market may respect 6000 Level and it may not go below it. There is a highest open interest in 6000 Put of Jan & Feb Series.  Market may bounce back in 2^nd half due to short covering and rollover in expiry. But in positional trade there is short opportunity on every rise. As SGX Nifty is 6030 so next Nifty Major support is 5984 – 5965. 

ANY RISE – EXIT LONGS.

PUT CALL Ration (OI) of Nifty 30 Jan Contracts           :  0.84

INDIA VIX                                                                            : 18.04 +0.32 (+1.81%)

FII Activity 29^th January2014

Cash Segment(Provisional):

FII’s                :  +250 Crores

DII’s               :  -17 Crores

Derivative Segment(Provisional):

Index Futures              :  - 263 Crores

Index Options             : + 476 Crores

Stock Futures             : + 338 Crores

Stock Options                         : + 28.02 Crores

Data is taken from the NSE website.

Trading Strategy for 29th January 2014

Yesterday we boldly written that Nifty Future Nifty in strong support zone 6100. In panic just see yesterday’s low of 6085 and bounce sharply.  

Overnight US Market close in Green Dow 15,928.56 (+90.68) (+0.57%)

Asian Market Mix………

SGX NIFTY 6153 (+16) is Up.

Now Nifty in strong support zone 6100. Today Nifty makes a long shadow. A long shadow means that market was a buyer at lower levels. In Nifty 6080 is a major support for major longs.

If Nifty below 6080 for 30 min than 6055-5993 possible. There is buying in Nifty above 6068 for expiry.  Market in correction mode so approach Nifty only with trading view.

INDEX PUT CALL RATIO (PCR)           :  0.97

INDIA VIX                                                    : 17.72 -0.95 (-5.09%)

FII Activity 28^th January2014

Cash Segment(Provisional):

FII’s                :  -1267.35 Crores

DII’s               :  +1179Crores

Derivative Segment(Provisional):

Index Futures  :  +16 Crores

Index Options : +276.32 Crores

Stock Futures  : -262.45 Crores

Stock Options             : -51.79 Crores

Data is taken from the NSE website. 

Trading Strategy for 28th January 2014

Yesterday we boldly written that Nifty Future Can Kiss 6156 level in panic. Just see yesterday’s low of 6142.

Overnight US Market close in red Dow 15,837 ( -41) (-26)

Asian Market Mix………

SGX NIFTY 6117 (-31) is Down.

Now Nifty in strong support zone 6100. If this support held then Market may consolidate between 6100-6200. But if Nifty goes below support zone than we see 5965. Nifty break important support 6156 so there is a selling opportunity on every rise.

Nifty Future Real Power & Strength above 6194 level …. Above that unexpected level up to 6235.  If market traded below 6078 for 30 min with Volume than Non Stop Panic up to 6055 - 5993. 

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INDEX PUT CALL RATIO (PCR)           :  1.18

INDIA VIX                                                    :18.67 +2.84 (+17.94%)

FII Activity 27^th January2014

Cash Segment:

FII’s                :  -1334.21 Crores

DII’s               :  +151.02 Crores

Derivative Segment:

Index Futures  :  -567.83 Crores

Index Options : +1648.34 Crores

Stock Futures  : -579.91 Crores

Stock Options             : -14.28 Crores

Data is taken from the NSE website. 

Trading Strategy for 27th January 2014

Nifty Future Real Power & Strength above 6318 level …. Above that unexpected level up to 6355.  If market traded below 6216 for 30 min with Volume than Non Stop Panic up to 6156. 

INDEX PUT CALL RATIO (PCR)           :  0.99

INDIA VIX                                                    :15.83 +0.35 (+1.60%)

FII Activity 24^th January2014

Cash Segment:

FII’s                :  -230.96 Crores

DII’s               :  -78.05 Crores

Derivative Segment:

Index Futures  :  -941.66 Crores

Index Options : +313.88 Crores

Stock Futures  : -115.81 Crores

Stock Options  : -34.13 Crores

Data is taken from the NSE website.

Overnight US Market close in red Dow 15,879.11 ( -318.24) (-1.96%)

Asian Market Red………

SGX 6164 (-105) is Down.

CUES FOR NIFTY ON 24.01.14

NIFTY READY FOR BIG MOVE - TIGHTEN YOUR SEAT BELT 

There is a major chance of Nifty may goes up to 6424 as a breakout on chart but every rise is a chance to make a short position in market. There is a –ve divergence on RSI on daily chart. Perhaps before market takes a healthy correction, it tries to get out all weak bears from market.

As per Hourly Chart Nifty Fut Jan’14 is on buy side with Stop loss of 6328. It is better to take a short position below 6320. In coming day’s market become more volatile due to News events.

Real Power & Strength above 6374 level …. Above that unexpected level up to 6424.  If market traded below 6318 for 30 min than Bear will take control on market.

 OPEN INTREST DEVELOPMENT IN NIFTY CALL / PUT

CALL: 

6400 CALL            : 5,414,900 (+ 505,550)

6500 CALL             : 5,476,350 (+ 395,800)

PUT:

6300 PUT              : 7,164,200 (+ 878,950) HIGHEST

6200 PUT              : 6,339,300 ( - 397,650)

INDEX PUT CALL RATIO (PCR)          :  1.06

INDIA VIX                                      :15.58 -0.27 (-1.70%)

Cash Segment:

FII’s:  + 433.6 Crores

DII’s:  - 393.68 Crores

Derivative Segment:

Index Futures:  + 123.8 Crores

Index Options:  - 923.23 Crores

Stock Futures: – 96.18 Crores

Stock Options:  - 9.57 Crores

Data is taken from the NSE Website

Overnight US Market close in red Dow 16,197.35 ( -175.99) (-1.07%)

Asian Market Mix………

SGX 6322 (-40) is Down.

Cues that will decide mkt way On 23.01.14 (Thursday)

 OPEN INTREST DEVELOPMENT IN NIFTY CALL / PUT

CALL: 

6400 CALL: 4,998,300 (+257,550)

6500 CALL : 5,132,100 (+416,900)

PUT:

6300 PUT: 6,479,900 (+1,042,300) HIGHEST

6200 PUT : 6,774,300 ( +156,850)

INDEX PUT CALL RATIO (PCR):  1.09

FII CASH  : +279.45 In Rs Crores

Overnight US Market close in red Dow: 16,373.34 (-41.1) (-0.25%),

Asian Market Down………So use Sentiment and SGX 6334 (-11.25) is Down.

INDIA VIX = 15.85  +0.30 (+1.93%)

Trader Indicators

NSE NIFTY FUTURE INDIA TRENDS
S&P NIFTY	CURRENT	SIGNAL (WEEKLY)		SIGNAL (DAILY)		SIGNAL (HOURLY)
DATE	22-Jan-14	27-Dec-14		13-Jan-14		22-Jan-14
SIGNAL GENERATED	6344	6320		6240		6330
POSITION		BUY	24.00	BUY	104	BUY	14
STOP LOSS		6125		6250		6322

 Reverse your position to other mode if the stop loss breaks on the charts

NSE BANK NIFTY FUTURE INDIA TRENDS
S&P NIFTY	CURRENT	SIGNAL (WEEKLY)		SIGNAL (DAILY)		SIGNAL (HOURLY)
DATE	22-Jan-14	10-Jan-14		21-Jan-14		20-Jan-14
SIGNAL GENERATED	11223	11227		11131		10980
POSITION		SELL	-4.00	BUY	92	BUY	243
STOP LOSS		11500		11000		11100
Reverse your position to positional in other mode if the stop loss breaks on the charts