Nifty Open Interest Analysis

[jamit_05]

Kaboom...

You just might get your 5650 mate...

 

[sabhlok_r]

Kaboom...

You just might get your 5650 mate...

yes Amit...order in place....lets see

 

[jamit_05]

Look at the fishy-ness that is cooking. In this explosion of 15 points... 5600 CE added more OI than 5600 PE !! Meaning: The rally is weak... just like the population on TJ wants... hope nobody is left out.

 

[krishnavarmahyd]

Spkreddy...i gone through google search n found in one website...i dint save that ...i personally give to OP if I find

 

[jamit_05]

@sabhlok
Did you get your short entries?

 

[vssoma]

jamit, is it short film or puri picture baki hain( crash in NF)

 

[jamit_05]

jamit, is it short film or puri picture baki hain( crash in NF)

I was only interested in loading my positions on the short side... and that happened. SPOT will most certain touch 5435, it is only a matter of time. But not today.

For today, yest and day before's LODs are very good supports and 5600 PE has retained its OI.... so market is stable. But below 5550 it will be ugly.

In short, as long as last two days low is held no more down side.

 

[sabhlok_r]

@sabhlok
Did you get your short entries?

unfortunately not...Amit. I was out and had kept 5645 as the short entry. Now came and saw that it turned from 5622

 

[sridhar]

Well today was a good day. Made 14.6% on the up-move & got in early on the down-move. UPS started acting up so I put in a trailing stop loss earlier than I normally would. That got taken out & there was nothing that I could do about it. Still made 5.4% just as my UPS failed. So at least no loss.
20% gross for the day.
Now have to work out how to reentry stratergy for tomorrow.

 

[jamit_05]

There is no support solid enough to absorb this kinda momentum, till 5435 Spot is reached... ... hope nobody is holding Longs... cuz there is ZERO Hope...

NF premium shrunk from a high of around 23 to 5 bucks !!!