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OPEN INTEREST IN NIFTY OPTIONS |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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Post: #316  Posted: Sun Jan 26, 2014 11:56 am Post subject: |
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"Note: I am no expert..i try to mention from whatever i have observed over the past 5 years or so looking at the options data daily...from whatever little knowledge i have i try that's all....Thanks '"
Yash! whether you are expert or no expert don't bother. No one is expert as such .You started a thread with what ever LITTLE KNOWLEDGE you acquired over 5 years and answering/ responding to the readers....Then that little knowledge can not afford to be little and it must keep on growing. That's for sure....  |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #317 Posted: Sun Jan 26, 2014 12:31 pm Post subject: |
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| rk_a2003 wrote: | "Note: I am no expert..i try to mention from whatever i have observed over the past 5 years or so looking at the options data daily...from whatever little knowledge i have i try that's all....Thanks '"
Yash! whether you are expert or no expert don't bother. No one is expert as such .You started a thread with what ever LITTLE KNOWLEDGE you acquired over 5 years and answering/ responding to the readers....Then that little knowledge can not afford to be little and it must keep on growing. That's for sure.... |
Rk_a2003:I have been in these markets for the past 12-15 years( i am almost 35 now) and i don't consider anybody to be an expert..at the best i can call somebody 90 % accurate but even then he/she can't be called an expert...even i trade for 20 years more ..and even if i know everything still my knowledge will be little and i will have to keep on growing and never be a expert in my own eyes(12-15 years ago futures and options hardly mattered but see now how much importance futures and options has acquired now)...there is always something new happening in the markets so we have to always keep on acquiring as much knowledge as we can and keep on growing... .but i do agree that there are some very very good experts on icharts that is in my words close to 90% accurate..  |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #318 Posted: Sun Jan 26, 2014 12:38 pm Post subject: |
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HAPPY REPUBLIC DAY TO ALL. |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #319 Posted: Mon Jan 27, 2014 5:02 pm Post subject: |
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| yashrahul wrote: | | rk_a2003 wrote: | In markets any thing can happen...... true.....but that's ones in a blue moon. Most of the times....I repeat.....most of the times what is going to happen is scripted precisely.......especially for each expiry month.
What we are doing with our technical analysis is trying hard to know what that script is? and market makers who mastered in art of deceiving innovate new tactics always.  |
Everything else you said is absolutely right but 100 points Gap Down on the Nifty doesn't happen "once in a blue moon"..Infact if you are fortunate/unfortunate(depends whether you are a Bear/Bull) u might get to see a 100 points gap down very soon in the coming months |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #320 Posted: Mon Jan 27, 2014 5:03 pm Post subject: |
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| vinay28 wrote: | | rk_a2003 wrote: | | ........ [/color] |
et tu rk? |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #321 Posted: Mon Jan 27, 2014 5:27 pm Post subject: |
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Note:I am sad today....the reason is the bulls were butchered and i was unfortunately not able to see it...i request the bears to please butcher the bulls again tomorrow ...till expiry...and subsequently in the whole of february ..this happens when u become too complacent...i had been writing it for the past month or so that the bulls had become way too complacent...a bounce will definitely come in the coming days as this is election year and surprising things happen in election year...we have been seeing it since the past 2 or 3 months...bulls will be back definitely but if and only ifffff....FIIs start selling then even the election year theory goes out of the window  .
The puts skyrocketed wooooooooosh....options data points to heavy writing in 6200 call..some early signs that 6100 call is being written...unwinding of put writers of 6200 put..all in all markets opening up on the downside..i won't be surprised if the markets try to show some stability in the coming days as expiry is just around the corner and with high volatility in the coming days puts premium remains to be gulped...i also won't be surprised by a close below 6000 in this month if FIIs keep on selling and the monetary policy is negative..all in all very difficult to predict the market movement in the coming days....Being bearish i will say come on bears lets start the butchering of the bulls again... |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #322 Posted: Tue Jan 28, 2014 9:21 am Post subject: |
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Won't be surprised if i see a rate cut today in RBI policy....surprised.........don't be....when the noose tightens around the bulls in an election year they come up with surprising ways of keeping the bears at bay....either a rate hike or a neutral stance with some very dovish statements..
i don't feel it will be at all but if it is a rate hike then........ |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #323 Posted: Tue Jan 28, 2014 11:09 am Post subject: |
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| yashrahul wrote: | Won't be surprised if i see a rate cut today in RBI policy....surprised.........don't be....when the noose tightens around the bulls in an election year they come up with surprising ways of keeping the bears at bay....either a rate hike or a neutral stance with some very dovish statements..
i don't feel it will be at all but if it is a rate hike then........ |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #324 Posted: Tue Jan 28, 2014 1:06 pm Post subject: |
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6100 call is adding huge oi and 6100 put has also added huge oi...writing is seen in 6100 call ...most probably markets are going in for a big fall today......it is difficult to say but i say we close below 6100 close to 6080 levels...as of now 6134NS is acting as a good resistance as long as that holds we may see 6080ns soon and if 6134NS gets broken then i might be totally wrong..best luck  |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #325 Posted: Tue Jan 28, 2014 1:39 pm Post subject: |
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| did 6100ce add OI AFTER the fall i.e. after 11.10? if so, it is buying as its value has gone up. 6200ce is still being written |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #326 Posted: Tue Jan 28, 2014 1:48 pm Post subject: |
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| vinay28 wrote: | | did 6100ce add OI AFTER the fall i.e. after 11.10? if so, it is buying as its value has gone up. 6200ce is still being written |
6100 call is being written..the markets are trying to go up as the rupee is stabilizing... No matter where the markets are u always keep on promoting the bulls and i keep on promoting the bears... |
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growrich
White Belt
Joined: 16 Aug 2013
Posts: 12
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| Post: #327 Posted: Tue Jan 28, 2014 2:21 pm Post subject: |
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| yeah vinay , that is a more likely(6200 ce jan could be buying) and also remember todays high volume eod might be a long legged doji or if close is abv days high then a perfect bottoming out hammer |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #328 Posted: Tue Jan 28, 2014 2:32 pm Post subject: |
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| nice way to eat the premium of genuine put buyers under the name of volatility...support...bla bla |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #329 Posted: Tue Jan 28, 2014 9:26 pm Post subject: |
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Note:6100 call is written heavily today it seems so ofcourse it bounced back a lot from the days lows but still the erosion in premium justifies call writing at 6100 level rather than genuine buying.....Net figures today were more than 1000 crores negative by FIIs,for two consecutive days they have been selling...what is heartening for the bears is that pharma and to some extent IT are slowly losing shine..that is not very good news for the bulls...
Positive news for the bulls is this is election year and a rate hike by RBI presents a buying opportunity for DIIs to the tune of 1000 crores at an nifty level 0f close to 6100...for the DIIs to buy the valuations have become that tempting at nifty 6100 level ...or is this the magic of the election year...your guess is as good as mine.... |
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yashrahul
Yellow Belt
Joined: 29 Jun 2013
Posts: 512
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| Post: #330 Posted: Wed Jan 29, 2014 10:37 pm Post subject: |
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| Note:Tomorrow is expiry and today the options data is pointing to a further fall...6050 put has seen some addition along with 6100 put clear indicating further fall but everything depends on FOMC meeting and subsequent decision will affect the markets tomorrow...best luck |
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