PCR at 0.924 is highest since Feb 2, looks highly overbought, IV at 28.2 is declining for past 3 days, & is somewhere in the middle of the range. MFI shows consolidation below resistance line, some divergence seen on CCI & MFI. #KotakBank#Nifty#Nifty50#Niftybank#BankNifty
To sum it up, I would say, signs of bull fatigue are visible, look for confirmation of intermidiate weakness and grab the opportunity. #KotakBank#Nifty#Nifty50#Niftybank#BankNifty
Sharing a 0 loss of 100 success probability #BankNifty Strategy for learning and research putposes, pls check all the tweets for a thorough understanding of concept. #NiftyBank#optionstrading#nifty#Nifty50
Sharing a few #BankNifty & #Nifty strategies, that we deployed last week. Purpose is to assist retail traders to shift to lower risk trading. These and more similar ones were shared with followers of t.me/i2gain channel and my premium group, i2gainPremium. #nifty50
any queries with respect to these are welcome on Twitter and our telegram discussion group t.me/i2gainChat
This #BankNifty period spread gave cool 9% in one day - Wed - Thursday, though we could grab some 5.6% only, closed the position around 2:30 P.M. #NiftyBank
#Nifty OI shed 9% on a day the saw Nifty future lost 0.83%. Clear signs of long unwinding at higher levels. Future segment participants are not as bullish as they were . . . . #Nifty50#BankNifty#Niftybank
#Nifty IV gained over 18%, as the index moved in opposite direction. Further expansion of IV is possible.
#Nifty50 PCR dipped further to 1.23, well in the lower zone of the range, oversold markets. (ignore 22 Aug data in the chart).
#BankNifty OI and index future declined today. Looking at small change in OI on a day when Index has closed weak (lowest level of 12 sessions), can we read it as undecided participants ? #NiftyBank#Nifty#Nifty50
#BankNifty PCR at 0.69 is lowest since July 28th, such low levels of PCR are seldom seen, indicating oversold markets.
#BankNifty IV raised to 17.5 from 15.82 on Friday, this is on expected lines for a day like today. One can keep an eye on IVs tomorrow, decline only will ensure sustainable rise and vice versa. #NiftyBank
#BankNifty has been moving within the broad range for some time, but it is perhaps at weakest level since it entered this range on May 23rd. #niftybank#nifty#nifty50
Join t.me/i2gain for detailed BankNifty analysis and charts.
For past nine sessions, it has been trading below a long term support line that was supporting it since Sept. 2020. #BankNifty#niftybank
Join t.me/i2gain for detailed BankNifty analysis and charts.
Prolonged underperformance with broader Nifty 50, is a sign of weakness only. #BankNifty#niftybank
Join t.me/i2gain for detailed BankNifty analysis and charts.
Observed some interesting things in quantitative data of #Nifty Nifty today, sharing whatever little I could understand.
Please follow due diligence before taking any action on it, do refer to other indicators that you normally do. #NIFTYFUTURE#nifty50#banknifty
This OI chart shows #Nifty open interest for past six months, as you can see today’s OI is highest across entire period.
Charts made using @Definedge
The above charts displays today’s change in COI, which is 11.17 % higher, price change of nifty future 7.87% and Future price of 9101.8, i.e. at a discount of Rs. 97.