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Thursday, February 6, 2014

Trading Strategy for 07th February 2014


Yesterday we boldly say to sell Nifty Fut below 6002 for the Target of 5985. It make a low of 5975.

Now Short term support of market is 5950. Close above 6166 is a bull sign. Yesterday a long shadow appears. This pattern is bullish and indicates that the Bulls are now slowly taking control over the market.  
Bull in upper hand only above 6160.
Better to buy above 6126 for the target of 6166 and Sell Below 6065 for the Target of 6017.
It is better to wait for fresh and strong positional buy signal.

Overnight US Market close in Green Dow 15,629 (+188) (+1.22%)
Asian Market in Flat to Green ………
SGX NIIFTY 6101 (+48.50) is up.


OPEN INTEREST DEVELOPMENT IN NIFTY CALL / PUT
CALL
STRIKE PRICE
Open Interest
Change in Open Interest
Alert
6200
5,356,750
+307,250

6100
4,223,000
-162,450

PUT
6000
7,558,250
-17,450
HIGHEST OI
5900
6,542,500
+624,400



PUT CALL Ration (OI) of Nifty 26 Feb Contracts              :  1.13
INDIA VIX                                                                          : 18.94 0.01 (0.05%)

FII Activity 06-Feb-2014 
Cash Segment(Provisional):
FII’s                :  +11 Crores
DII’s               :  +611 Crores
Derivative Segment(Provisional):
Index Futures              :  -247 Crores
                                           Index Options             : + 333 Crores
                                           Stock Futures             : +142.42 Crores
                                           Stock Options            : - 14.5 Crores

                                           Data is taken from the NSE website. 


MECHANICAL TRADER SIGNAL
UPDATED ON 06.02.14 ( START ON 03.02.14)
 NSE INDEX FEB FUTURE INDIA TRENDS

CURRENT      06-Feb-14
DAILY SIGNAL GENERATED
TODAY'S PROFIT /LOSS
NET +/-        (FROM 03-02-14)
HOURLY SIGNAL GENERATED
TODAY'S PROFIT /LOSS
NET +/- (FROM 03-02-14)
DATE
Position
LEVEL
S/L
DATE
Position
LEVEL
S/L
NIFTY FUT
6048
NO TRADE
AWAITED FOR FRESH SIGNAL




NIL



-36
27
BANK NIFTY FUT
10220
NO TRADE
AWAITED FOR FRESH SIGNAL




06.02.14
SELL
10228
10265
-29
166
OPEN POSITION
NIFTY FUT
6037
NO TRADE
NIL




NIL





BANK NIFTY FUT
10255
NO TRADE
NIL




06.02.14
SELL
10228
10265


TODAY'S TRADE (04.02.14)
NIFTY FUT
6048
NO TRADE
NIL





SQ.OFF
6024

-16









06.02.14
SELL
6024
6041
-20

BANK NIFTY FUT
10220
NO TRADE
NIL




06.02.14
SQ.OFF
10228

-37









06.02.14
SELL
10228
10265
8

OPEN INTEREST IN NIFTY (CALL/PUT)

OPEN INTEREST IN NIFTY (CALL/PUT)

INDIA VIX

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 Activity

FII Activity

FII’s & DIIs Activity

FII’s Activity

FII’s Activity 05-August-2014

Cash Segment (Provisional):

FII’s

+52.85 Crores

DII’s

+62.22 Crores

Derivative Segment (Provisional)

Index Futures

-201.35 Crores

Index Options

+665.73 Crores

Stock Futures

+108.16 Crores

Stock Options

+14.91 Crores

Data is taken from the NSE website.

DISCLAIMER

The information given here is solely for technical purpose and is no where an invitation to undertake trades based on the information. Stock trading is risky. Please consult your financial advisor before undertaking any trading based on the information. The blog owner will not be held responsible for any losses suffered due to usage of information.

The data posted on the blog may be incorrect or wrong. The blog owner will not be held responsible for any losses suffered due to usage of data or information. Usage of the blog information confirms that the user has read disclaimer. The blog owner or his clients may or may not be holding the said shares as discussed in the blog post.@ ALL RIGHTS
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