Let's do some self study....
Scrip : #HDFCLIFE
Few drawings first....
Rejection from Middle band of BB... also known as 20DMA with inverted Hammer.... Bearish
Scrip : #HDFCLIFE
Few drawings first....
Rejection from Middle band of BB... also known as 20DMA with inverted Hammer.... Bearish
RSI struggling to cross above 50 line.....
Scrip get rejected from its previous supply zone with significant volume...... Bearish
Highest traded and Delivery Volume in the month with reduction in prices.... Bearsih
Coming to derivative data....
COI increase by 26.35 %
Futures price decrease by 8.06...
*** Aggressive short build up with significant increase in trading and delivery volume ... Bearish.
*** Futures closed below VWAP.
COI increase by 26.35 %
Futures price decrease by 8.06...
*** Aggressive short build up with significant increase in trading and delivery volume ... Bearish.
*** Futures closed below VWAP.
Now our favorite... Option Chain....
*** Long PE at ATM & ITM strike .... Bearish
***Short CE at OTM and Far OTM contracts... Bearish....
This is my understanding... Which can be 1000% wrong.
I am ready for further learning from My teacher.............
Mr. Market.
***Short CE at OTM and Far OTM contracts... Bearish....
This is my understanding... Which can be 1000% wrong.
I am ready for further learning from My teacher.............
Mr. Market.
Now... very important question is being asked on DM....Why is PE long and CE short.
So let me answer it for all...
This conclusion I have drawn on the basis of the time when this positions have built up and the prices of it.
So let me answer it for all...
This conclusion I have drawn on the basis of the time when this positions have built up and the prices of it.
For better clarity....
The highest volume CE position has been built up when the cost of CE was high..which is at 0915 -0918, and PE positions have been built up when the cost was lowest which is around 1400 & 1500 when the stock was on its day low and put prices was cheap.
The highest volume CE position has been built up when the cost of CE was high..which is at 0915 -0918, and PE positions have been built up when the cost was lowest which is around 1400 & 1500 when the stock was on its day low and put prices was cheap.
Now, how will it help:
As the stock goes down the price of call will go down...writer in profit and put price will go up...put buyer in profit.
Agian, my understanding and logic....May be wrong. Do your further study prior taking any trade.
As the stock goes down the price of call will go down...writer in profit and put price will go up...put buyer in profit.
Agian, my understanding and logic....May be wrong. Do your further study prior taking any trade.
- 4 % so far.
421 spot important.. breaking it we may get another rally
421 spot important.. breaking it we may get another rally
Broken the barrier of 421...
Another 2%...
Another 2%...
Thank you all for showing your curiosity in learning.
Out of 143 FNO stocks one chosen, studied and shared with you all. Now today's match over...
Score board below:
*** Scrip down 6.46%
*** ATM PE 22 % up.
*** ITM PE 29 % Up.
Out of 143 FNO stocks one chosen, studied and shared with you all. Now today's match over...
Score board below:
*** Scrip down 6.46%
*** ATM PE 22 % up.
*** ITM PE 29 % Up.
Stock opened gap down... tried to penetrate the yesterday's low... got sold off. Closed almost near to the day's low.
*** Delivery % increased by 11%
*** Scrip down by 7% with above average volume.
*** OI increased by 9%....
Can you study & build up your view for tomorrow ???
*** Delivery % increased by 11%
*** Scrip down by 7% with above average volume.
*** OI increased by 9%....
Can you study & build up your view for tomorrow ???
