iCharts Discussions

[yashrahul]

[yashrahul]

Note:At last 6500 put writers have started to unwind their positions....the best part is 6500 has started seeing call writing...6550 is acting now as a resistance and for more than one instance the nifty has not been able to cross that level...hence if shorts have been initiated one can remain short with a stop loss of 6550 NS on a closing basis...

[yashrahul]

Note:Tussle going on between bulls and bears at 6500 levels...nothing much to mention except that either the bulls or the bears will have to back up in the coming 2 o 3 days..till that happens we have to wait...best luck

[basu_6892]

In April series, you may find Strike Price 6800 is witten, and not only that a total OI is recorded to 956,800. Another interesting point is that on 21-Mar addition to 6800-CE stands to (+) 36,000. The Implied Volatility is giving higher vale to 6800-CE which reads as 14.60 (on 21-Mar). Moreover the Moneyflow Index shows higher inflow...FII s are in a mood to pump in more Dollars...RBI will review its monetary policy but will release its view on 1-Aprl. In view of above scenario, how you are thinking...?

[basu_6892]

In April series, you may find Strike Price 6800 is witten, and not only that a total OI is recorded to 956,800. Another interesting point is that on 21-Mar addition to 6800-CE stands to (+) 36,000. The Implied Volatility is giving higher vale to 6800-CE which reads as 14.60 (on 21-Mar). Moreover the Moneyflow Index shows higher inflow...FII s are in a mood to pump in more Dollars...RBI will review its monetary policy but will release its view on 1-Aprl. In view of above scenario, how you are thinking...?

[yashrahul]

Note:6600 put has been written very heavily and 6500 has become a base....this market is going up in a hurry...be careful before shorting and wait for clear short signals to go short...i might be wrong

[yashrahul]

[yashrahul]

[growrich]

yash price without moving abv 6600 writing is dangerous ,it could also mean other way round of 6600 put buying. will know by the eod close

[yashrahul]

[yashrahul]

Note:6600 put has added more than 32 lakhs in oi...as mentioned in the notes in the afternoon..a close above 65550NS and huge oi addition in 6600 put was on the cards...markets don't seem like coming down in a hurry soon...especially nearby itm puts are very cheap in april series thereby indicating that next month also doesn't seem like much of a down month...this month the series looks like closing at or above 6500 as of now...we will know in the coming 2 or 3 days whether 6600 adds oi which is very high to render it as the likely closing for this series..but for that we have to wait for for 1 or 2 days...best luck

[yashrahul]

Yesterday 6600 put was adding oi and now 6600 call is adding oi..not as high as what 6600 put was adding yesterday but worth a mention...in my view ..chances are markets will remain sideways for today till either 6600 call writers or 6600 put writers start unwinding...lets see

[yashrahul]

Note:start of April series...as mentioned earlier nearby itm puts are also trading cheap hence much downside not expected in the coming April series as per my view...we have already run so much that 5-8% correction cannot be called much of a downside...for much of a downside it should be atleast 10% or above..isn't it..

[yoginishreyas]

Dear Yash

5 to 6 % which means 250 to 300 points correction is really good much of downside for traders......I really hope that this time u should not be wrong

Best luck

Thanks
Shreyas

[yashrahul]