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Nifty View - December '14 Series |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #211 Posted: Fri Dec 12, 2014 2:49 pm Post subject: |
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what surprises me is that NF went below S2 level but 8600ce went only below S1. Beats me! what's up? |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #212 Posted: Fri Dec 12, 2014 3:03 pm Post subject: |
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I was watching the xx50 strike options for last few days. And everyday before closing whichever nearest 100 points away xx50 strike put or call sees 70-80% OI addition has seen that level come the next trading day on upside or downside.
Today 8150pe is showing that kind of addition. Let's see if it follows through once again for Monday. |
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satishkadam Yellow Belt
Joined: 01 Apr 2010 Posts: 805
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Post: #213 Posted: Fri Dec 12, 2014 3:05 pm Post subject: |
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[quote="satishkadam"] riteshucha wrote: | too much selling or lack of buying...
breaking 8312/8307 can lead to further cut... only hope is BNF.. |
is NF going to hold 8369/70[/quote
SL Hit. |
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riteshucha Green Belt
Joined: 19 May 2012 Posts: 1292
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Post: #214 Posted: Fri Dec 12, 2014 3:17 pm Post subject: |
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the diff in premium still arnd 50 confuses me firther...
apka wrote: | I was watching the xx50 strike options for last few days. And everyday before closing whichever nearest 100 points away xx50 strike put or call sees 70-80% OI addition has seen that level come the next trading day on upside or downside.
Today 8150pe is showing that kind of addition. Let's see if it follows through once again for Monday. |
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NU2013 White Belt
Joined: 18 Jul 2013 Posts: 104
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Post: #215 Posted: Fri Dec 12, 2014 3:18 pm Post subject: |
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vinay28 wrote: | what surprises me is that NF went below S2 level but 8600ce went only below S1. Beats me! what's up? |
Guess b'coz i didn't sell my calls!!
But seriously.... what's up?? Any idea?? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #216 Posted: Fri Dec 12, 2014 3:22 pm Post subject: |
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NU2013 wrote: | vinay28 wrote: | what surprises me is that NF went below S2 level but 8600ce went only below S1. Beats me! what's up? |
Guess b'coz i didn't sell my calls!!
But seriously.... what's up?? Any idea?? |
God knows. Right now 8600ce price is above my purchase price with NF 17 below when I bought it.
in general high premium is not good unless F&O buy has started but can't be sure now. Thankfully, it is not closing below 8269NF |
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PS Trader White Belt
Joined: 22 Sep 2013 Posts: 101
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Post: #217 Posted: Fri Dec 12, 2014 3:41 pm Post subject: |
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vinay28 wrote: | what surprises me is that NF went below S2 level but 8600ce went only below S1. Beats me! what's up? |
why talking about dead cat still?? It trades @ 5-6 levels.. still 9 days to expiry hence time intrinsic value is there still.. nothing else... it is not worth looking for consoling bulls. |
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PS Trader White Belt
Joined: 22 Sep 2013 Posts: 101
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Post: #218 Posted: Fri Dec 12, 2014 3:43 pm Post subject: |
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riteshucha wrote: | the diff in premium still arnd 50 confuses me firther...
apka wrote: | I was watching the xx50 strike options for last few days. And everyday before closing whichever nearest 100 points away xx50 strike put or call sees 70-80% OI addition has seen that level come the next trading day on upside or downside.
Today 8150pe is showing that kind of addition. Let's see if it follows through once again for Monday. |
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it is like parachute...
Before hitting down non-human living area, it is not good to shrink the parachute.. should be ready for the slight jump to other area if gets threat/fear... |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #219 Posted: Fri Dec 12, 2014 6:06 pm Post subject: |
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PS Trader wrote: | vinay28 wrote: | what surprises me is that NF went below S2 level but 8600ce went only below S1. Beats me! what's up? |
why talking about dead cat still?? It trades @ 5-6 levels.. still 9 days to expiry hence time intrinsic value is there still.. nothing else... it is not worth looking for consoling bulls. |
tks for your valued input and your advice. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #220 Posted: Fri Dec 12, 2014 8:00 pm Post subject: |
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Retail inflation has fallen to near 4.5% for Nov month.
IIP has gone back to negative growth. I think its been more or less in recession for last 2 years.
And now RBI Governor says to be careful of 'manufacture in India'.
I don't know what the RBI intends to do for next year. But it doesn't seem encouraging or in anyway going to help boost economy back. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #221 Posted: Sat Dec 13, 2014 7:30 pm Post subject: |
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This is just a personal view and neither a recommendation nor a tip nor an advice for any trade.
Nifty for Monday (15/12/14)
Supports are at about 8186, 8170 and 8148 while resistances are at about 8255, 8292, 8360 and 8380. A previous unfilled gap on lower side is at about 8169. Five +WWs can give about 8307 (once above 8241), 8350 (once above 8265), 8383 (once above 8304), 8398 (once above 8239) and 8537 (once above 8171, which is yet to be reached) (+WWs with higher targets are not mentioned as of now). Two -WWs can give about 8180 and 8050 (-WWs with much lower targets are not mentioned as of now).
Nifty fell sharply again and closed well below 8250 and continues to be bearish. However, the bullish div is becoming prominent and a reversal is imminent after rsi goes to/below 37.17 on daily. Nifty is still in a "sell on rise" mode unless it closes above 8450 first and then above 8538. Global and local eco-political events can have a bearing on how nifty moves in short term. Liquidity continues to be strong. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #222 Posted: Mon Dec 15, 2014 9:20 am Post subject: |
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apka wrote: | I was watching the xx50 strike options for last few days. And everyday before closing whichever nearest 100 points away xx50 strike put or call sees 70-80% OI addition has seen that level come the next trading day on upside or downside.
Today 8150pe is showing that kind of addition. Let's see if it follows through once again for Monday. |
Worked again. It went to 8152. Sold my 8100pe after opening. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #223 Posted: Mon Dec 15, 2014 9:53 am Post subject: |
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vaishuu82 White Belt
Joined: 04 Sep 2013 Posts: 155
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Post: #224 Posted: Mon Dec 15, 2014 2:10 pm Post subject: nifty options |
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As per todays data,8250ce open/low(62.90) same and not breached till now,which indicates slight up move for the day;it gives a nice swing from 70 to 82 twice for the day.hope someone made use of the swing!!! |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #225 Posted: Mon Dec 15, 2014 3:28 pm Post subject: |
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The way 8100pe has behaved is strange. NF when -11, Spot when -7 8100pe's net change was -5 even thought its barely 120 points away. So it seems like bottom is near and PE is not going to see gain in value.
both 8150pe and 8350ce are making same ratio additions, so can't make out for tomorrow. |
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