PE 5400 up by 10,10,650 19.42%
PE 5500 up by 10,28,500 32.05%
PE 5600 up by 07,29,650 52.80%
The above put oi addition along with price increase suggest bullishness.
Tuesday, May 31, 2011
NIFTY Options Open Interest Data and Chart at 10-00 am 31-05-11
5500 Put - Increase in OI(+13.46%) and Decrease in Price(-16.69%) shows Put writing.
Thursday, May 26, 2011
Wednesday, May 25, 2011
Tuesday, May 24, 2011
Monday, May 23, 2011
Nifty Option Index EOD-23th May 2011 Open Interest Table and Chart
Downtrend
OI Addition in 5300, 5400 and 5500 CE with Decrease in Price - Nifty SPOT Weak.
OI Addition in 5200 and 5300 PE with Increase in Price - Nifty SPOT Weak.
Saturday, May 21, 2011
Nifty Spot Fib Retracement Chart.
For the Fall from 5944.45 to 5401.25, the Fibonacci Retracement are as below
23.6% -> 5530
38.2% -> 5609
50.0% -> 5672.
Nifty spot has to break out 23.6% at 5530 to move up to 5609. After falling below 50% Fib 5672, Nifty only once went near 38.2% Fib 5609, when Stoch(35,3) was in bearish mode. Now Stoch(35,3) in crossover from below, there is a possibility to move past 5530 and 5672.
Failing to breakout of 23.6% 5530, Nifty have all the chance to revisit 5420, and continue below.
NIFTY Spot EOD Chart 20-05-11
Moving above the Yellow Trend line will favor Bulls. NS need to cross 5510(38% Fib Ratio on the Range given for 23/05/11) comfortably and stay above it, then 5548(100% Fib Ratio of the Range given for 23/05/11), which also coincide with the Lines of the Chart.
Day Stochastic is Turning up and MACD is also in the verge of Bullish Cross.
Daily 10 EMA at 5498.72 and Price closed very near to it and Price closed above Hourly 10 EMA 5471.18.
All Fingers pointing toward upside, but always market and Big Fish operators smart, so they always guide the trend and reverse the trade entirely down. Let's wait and Watch.
Friday, May 20, 2011
Thursday, May 19, 2011
NIFTY Spot EOD Chart 19-05-11
There was not much difference on close for last 3 days. May be tomorrow we may see breakdown, due to last friday before expiry and rollover.
Nifty Option Index EOD-18th May 2011 Open Interest and Chart
Today there was decrease in 5500 & 5600 call which might have saved nifty from falling down.
Since 5500 and 5600 Call have the highest OI, an increase in OI tomorrow with price decrease, may take nifty down.
PUT
Today there was an addition of OI in 5300 & 5400 put, supported by decrease in 5500 & 5600 call holding nifty above 5400.
OI decrease in 5400 put tomorrow may bring nifty spot below 5300.
Wednesday, May 18, 2011
Monday, May 16, 2011
Thursday, May 12, 2011
Nifty Index Options EOD-12 May 2011 Open Interest.
Put Option 5100 - 5400 closed with Increase in Open Interest and Increase in Price, which denotes more downside.
Call Option 5500 added 16.78 lacs open interest at +42.10% with decrease in Price, also supports the downside and the resistance at 5500.
Wednesday, May 11, 2011
Nifty Index Options EOD-11 May 2011 Open Interest.
Yesterday close 5600CE added 11.5 lac OI and today it added another 3.12 lacs in OI. Highest OI seen at 5800 CE - 77.68 lacs.
Today at EOD OI addition seen in 5300 to 5500 put. Even though 5500 put show 5.49 lacs oi increase, it is actually 1.94 lacs addtion, there was a reduction of 3.5 lacs oi yesterday in 5500 Put.
Friday, May 6, 2011
Thursday, May 5, 2011
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