Nifty Levels & Strategy for 18/Nov/2022

By manishmgupta
تم تحديثه
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.

NIFTY
Nifty is trying hard to hit new lifttime high. Big players are managing index at higher levels and profit booking is going on in stocks & also at higher levels in indices. Big players have turned neutral and option writers are making good money. Option buyers should stay away and get into trade only when volatility rises and market picks-up the momentum.

Please find below scorecard, PCR update & options statistics for your reference:

NIFTY SCORECARD DATED 18/NOV/2022
NIFTY IS DOWN BY -66 POINTS
Name Price Previous Day Change % Change
Nifty 18344 18410 -65.75 -0.36%
India VIX 14.88 15.10 -0.22 -1.47%

OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 9994000, CE LTP: 3.5)
Max OI (Puts) 18000 (Open Interest: 5235650, PE LTP: 30.1)
PCR 0.89 (PCR is in bearish zone)

Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
تعليق
FIIs & DIIs, Cash & F&O Buy/Sell Data Analysis Dated 17/Nov/2022

FIIs: Bullish in Cash & Mild Bearish to sideways in F&O
FIIs have SOLD in cash market for -386 Crores and BOUGHT in derivatives market for 1437 Crores.
FIIs have added new bearish positions in index future & bullish positions in stock future. They did PL booking in long as well as short positions in remaining all segments.

FII CHANGE OI IN INDEX CALL/PUT:
INDEX CALL CHANGE OI:-0.87L, INDEX CALL LONG:-1.82L, INDEX CALL SHORT:-0.95L
INDEX PUT CHANGE OI:0.27L, INDEX PUT LONG:-1.53L, INDEX PUT SHORT:-1.8L

FII NET OUTSTANDING OI IN INDEX CALL/PUT:
INDEX CALL NET OUTSTANDING OI:1.95L, INDEX CALL LONG:4.2L, INDEX CALL SHORT:2.25L
INDEX PUT NET OUTSTANDING OI:2.49L, INDEX PUT LONG:4.86L, INDEX PUT SHORT:2.37L

DIIs: Bullish in Cash & Highly bearish in F&O
DIIs BOUGHT in cash market for 449 Crores. DIIs have heavily added bearish positions in index future, stock future, index put (PE buying) & stock call options (CE writing).

Pro Traders: Bearish
Pro traders have added new bearish positions in stock future & stock calls. Did PL booking in long as well short contracts of remaining F&O segments.

Retail Traders: Highly Bullish
Retail traders have new bullish positions index future, stock call (CE buying) & put (PE writing) options. Did PL booking in long & short contracts of index put & index call options. Added bearish position only in stock future.

Please do review, analyse and share your comments as well. Many thanks for following me on twitter, liking my analysis & retweet. Let us work and win together. Wish you a very happy, healthy & profitable trading day ahead!

Disclaimer: I have analysed the data based on my limited knowledge. I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me for trading as it may lead to financial losses. Please consult your financial advisor before trading.
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