Date : 4.4.13
Got hold of a few more statistics by NSE which should interest us... there are statistics around client positions... so DII's, FII's , Retail and their positions in all the derivative segments... only caveat being, today i'm able to only see april 3rd data... cant seem to find today's client wise position and not sure why NSE would want to delay that by a day
Would love to hear experts opinion on how to make sense of it...
For today's trade... plain and simple... markets have turned bearish with a bearish breakaway gap down being formed today.. unless that gap gets filled (5640-5672) the trend is clearly bearish... dont try to do bottom fishing.. instead use the pullbacks to sell into
54 L shares got added into 5600-5800 Call levels.. 5700 OI above 70 L indicates market top being formed . 21L shares added to 5600 means a shift may be in the offering to the top being shifted downwards
30L got unwound in Puts. 5600 unwound 13L after fall below 200DMA. speculative buying seein in 5300 Put
all in all .. 2nd massive buying of options day by FII's.. only on the call do we see massive buying.. so will they raise the markets on a dead cat bounce and then sell into.. without the client positional data for today cant be for sure
Got hold of a few more statistics by NSE which should interest us... there are statistics around client positions... so DII's, FII's , Retail and their positions in all the derivative segments... only caveat being, today i'm able to only see april 3rd data... cant seem to find today's client wise position and not sure why NSE would want to delay that by a day
Would love to hear experts opinion on how to make sense of it...
For today's trade... plain and simple... markets have turned bearish with a bearish breakaway gap down being formed today.. unless that gap gets filled (5640-5672) the trend is clearly bearish... dont try to do bottom fishing.. instead use the pullbacks to sell into
54 L shares got added into 5600-5800 Call levels.. 5700 OI above 70 L indicates market top being formed . 21L shares added to 5600 means a shift may be in the offering to the top being shifted downwards
30L got unwound in Puts. 5600 unwound 13L after fall below 200DMA. speculative buying seein in 5300 Put
all in all .. 2nd massive buying of options day by FII's.. only on the call do we see massive buying.. so will they raise the markets on a dead cat bounce and then sell into.. without the client positional data for today cant be for sure