Nifty rally continues & Index able to close at higher level; breakout needs confirmation of 2 consecutive closes above 6166.
Yesterday boldly written to buy Nifty Fut. above
6154 and achieve the target of 6162.
Week
global cues likely to drag Nifty today.Yesterday
open interest in 6200 CALL & 6100 CALL comes down. Yesterday market moves
up in much lesser volume in Nifty future. So higher closing in lower volume in
Nifty Future is not good sign for bull.
Market
movement may remain choppy. Rally is
only possible if two consecutive closes above 6166.
In
Intraday, better to buy above 6146 for the target of 6168-6172 and Sell Below 6112
for the Target of 6100-6092.
Asian Market in Red ………
SGX NIIFTY 6123 (-40)
PUT CALL Ration (OI) of Nifty 26 Feb Contracts
: 1.20
OPEN INTEREST DEVELOPMENT IN NIFTY OPTION (CALL / PUT)
INDIA VIX
A falling VIX means that
there is lower uncertainty and market confidence is high and most of the time
direction of trend is clear. A rising VIX shows there is a lot of uncertainty
in the markets and price action is expected to be very volatile or sensitive in
the coming days.
I will recommend to trade
only when the VIX is moving lower and a level below 20 is ok for trading. But
if the VIX goes above 20 it means the chances of reversal in the short term
trend is very high and large sudden moves could be expected.
FII’s Activity
FII
Activity 18-Feb-2014
Cash Segment(Provisional):
FII’s : +468.47 Crores
DII’s : -339 Crores
Derivative
Segment(Provisional):
Index Futures : +182 Crores
Index Options : +476 Crores
Stock Futures : -120.35 Crores
Stock Options
: -69.55 Crores
Data is taken from the NSE website.
MECHANICAL TRADER SIGNAL
|
|||||||||||||
UPDATED ON 19-Feb-14, 7:00pm (
START ON 03.02.14)
|
|||||||||||||
NSE INDEX FEB FUTURE INDIA TRENDS
|
|||||||||||||
CURRENT 19-Feb-14
|
DAILY SIGNAL GENERATED
|
TODAY'S PROFIT /LOSS
|
NET +/- (FROM 03-Feb-14)
|
HOURLY SIGNAL GENERATED
|
TODAY'S PROFIT /LOSS
|
NET +/- (FROM 03-Feb-14)
|
|||||||
DATE
|
Position
|
LEVEL
|
S/L
|
DATE
|
Position
|
LEVEL
|
S/L
|
||||||
NIFTY FUT
|
6159
|
18.02.14
|
BUY
|
6095
|
6045
|
21
|
-16
|
14.02.14
|
BUY
|
6038
|
6123
|
21
|
144
|
BANK NIFTY FUT
|
10621
|
18.02.14
|
BUY
|
10350
|
10250
|
50
|
291
|
13.02.14
|
BUY
|
10209
|
10500
|
50
|
687
|
OPEN POSITION
|
|||||||||||||
NIFTY FUT
|
6159
|
18.02.14
|
BUY
|
6095
|
6045
|
14.02.14
|
BUY
|
6038
|
6116
|
||||
BANK NIFTY FUT
|
10621
|
18.02.14
|
BUY
|
10350
|
10250
|
13.02.14
|
BUY
|
10209
|
10200
|
||||
TODAY'S TRADE (19-Feb-14)
|
|||||||||||||
NIFTY FUT
|
6159
|
NIL
|
NIL
|
||||||||||
BANK NIFTY FUT
|
10621
|
NIL
|
NIL
|
||||||||||
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