Nifty trading in 5990-6065 range. Hedger able to protect 6000.
Friday Morning we had written that Nifty 6000 Put Open
Interest reach near to 97 Lakh in falling market. Hedgers in market want to
protect 6000 in view of expiry. We have boldly written that to sell below 5990.
It made a low of 5992.35 and take U-Turn
in Nifty Fut.
For details visit: http://niftydirect.blogspot.in/2014/02/trading-strategy-for-14th-february-2014.html
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Market may volatile today. There is a resistance around 6140-6166
in upside. Bull only in upper hand above
6166. Two consecutive closes above 6166 then the correction will assume to be
over. On Friday open interest in both Call & Put comes down. This indicates
that there is confusion in market. On Friday Nifty able to recover from lower
level but there is a continuous selling by FII’s. So better to wait for a Range
breakout in market i.e. 5980-6150.
In
Intraday, better to buy above 6094 for the target of 6127 and Sell Below 6015 for
the Target of 6003-5970.
Asian Market in Green ………
SGX NIIFTY 6084 (+22) is up.
PUT CALL Ration (OI) of Nifty 26 Feb Contracts
: 1.06
OPEN INTEREST DEVELOPMENT IN NIFTY 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 Activity
FII
Activity 14-Feb-2014
Cash Segment(Provisional):
FII’s : -16 Crores
DII’s : -45 Crores
Derivative
Segment(Provisional):
Index Futures : -115 Crores
Index Options : -349 Crores
Stock Futures : +97.23 Crores
Stock Options
: -49.85 Crores
Data is taken from the NSE website.
MECHANICAL TRADER SIGNAL
|
|||||||||||||
UPDATED ON 14-Feb-14, 7:00pm (
START ON 03.02.14)
|
|||||||||||||
NSE INDEX FEB FUTURE INDIA TRENDS
|
|||||||||||||
CURRENT 11-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
|
6058
|
13.12.14
|
SELL
|
6048
|
6120
|
-53
|
-58
|
14.02.14
|
BUY
|
6038
|
6008
|
-13
|
43
|
BANK NIFTY FUT
|
10240
|
13.12.14
|
SELL
|
10370
|
10390
|
-95
|
130
|
13.02.14
|
SELL
|
10209
|
10235
|
-33
|
306
|
OPEN POSITION
|
|||||||||||||
NIFTY FUT
|
6058
|
13.12.14
|
SELL
|
6048
|
6120
|
14.02.14
|
BUY
|
6038
|
6008
|
||||
BANK NIFTY FUT
|
10240
|
13.12.14
|
SELL
|
10370
|
10390
|
13.02.14
|
BUY
|
10209
|
10096
|
||||
TODAY'S TRADE (14-Feb-14)
|
|||||||||||||
NIFTY FUT
|
6058
|
14.02.14
|
SQ.OFF
|
6038
|
-33
|
||||||||
14.02.14
|
BUY
|
6038
|
6008
|
20
|
|||||||||
BANK NIFTY FUT
|
10145
|
14.02.14
|
SQ.OFF
|
10209
|
10235
|
-64
|
|||||||
10240
|
14.02.14
|
BUY
|
10209
|
10096
|
31
|
||||||||
