Nifty Open Interest Analysis

[jamit_05]

NF went all the way up to 5773.35, yet 5700 PE OI could not make the cut.

It reflects very badly on the bulls. Where as bears are going all out... shorting the most pricy CEs left right and center... without care... this is bearish.

 

[jamit_05]

Dude... dis just whack... Option Table reading rules...


Just so that folks don't rough me up... I do take positions as well.

Have been piling up shorts since 5800. Had added more shorts at 45.95 today, where I maxed out my margin.

.. check this out..

http://www.traderji.com/futures/84708-nifty-futures-positional-trading.html#post794319

 

[jamit_05]

Need to keep tabs on 5600, if it goes below 75 L all hell WILL break loose...

Big boys are squaring off 5300 PEs.... scary... "There Could Be Blood" !!

 

[Option.Trader]

Date: 3.4.2013

Jamit did an interesting analysis at mid day to conclude that up rally was fizzing out and got rewarded handsomely...
I dont have luxury of seeing the market at intraday, so the end of day analysis
even with nearly 100 point fall in nifty ... 5600PE shows no signs of unwinding..Also 800 crores of index buying happened today... looks like smart money has bought into one of OTM levels.. most probably 6000CE??Interesting to see how it unfolds tomorrow

 

[Rish]

Need to keep tabs on 5600, if it goes below 75 L all hell WILL break loose...

Big boys are squaring off 5300 PEs.... scary... "There Could Be Blood" !!

Nifty daily close below 5618, blood path is intact as you said.

Still, nifty only sell on rise. All intra day players will be trapped if they will play in both side.

 

[SexyTrader]

Why worry so much ?

Buy the 11400 PE and relax all the way to 350/- or more!!! :thumb:

No tension...no headache!

Wonder why everyone is trying to find the bottom to the rise ! There will be NO tangible rise before elections!

 

[jamit_05]

The potential of yest's bearish setup on the options table seems big... SGX much closer to 5600 today !!

 

[jamit_05]

CEs are confidently being SOLD. The leading four CEs have OI over 50 L;
Not so much for PEs.

Good news for fellow bears... 5600 PE is falling apart... 34K sold off at the very start...

SGX fell 30 points in 3 mins... that is a crash... NF says hello to 5600 !!

 

[jamit_05]

Despite the scare... 5600 PE have added a little... seems 5600 may hold for the day...

 

[SexyTrader]

Start buying 5700 CE today at 35/- or 28/- :thumb: for cool 50 points gain! :thumb: