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 closed in red due to heavy PL booking at higher level ahead of US Fed Reserve FOMC meeting (Nov1-2) outcome later tonight. Big players have taken bearish positions and retail traders took highly bullish positions. Tomorrow's move will be based on US Fed meeting outcome & RBI's meeting. Please find below scorecard and quick update about F&O positions, PCR & India VIX .
NIFTY SCORECARD DATED 02/NOV/2022
NIFTY IS DOWN BY -63 POINTS
Name Price Previous Day Change % Change
Nifty 18083 18145 -62.55 -0.34%
India VIX 16.66 16.13 0.53 3.30%
OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA
Max OI (Calls) 18400 (Open Interest: 7988650, CE LTP: 3.25)
Max OI (Puts) 18000 (Open Interest: 7574150, PE LTP: 47.25)
PCR 0.96 (PCR is in sideways to mild bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
NIFTY
Nifty closed in red due to heavy PL booking at higher level ahead of US Fed Reserve FOMC meeting (Nov1-2) outcome later tonight. Big players have taken bearish positions and retail traders took highly bullish positions. Tomorrow's move will be based on US Fed meeting outcome & RBI's meeting. Please find below scorecard and quick update about F&O positions, PCR & India VIX .
NIFTY SCORECARD DATED 02/NOV/2022
NIFTY IS DOWN BY -63 POINTS
Name Price Previous Day Change % Change
Nifty 18083 18145 -62.55 -0.34%
India VIX 16.66 16.13 0.53 3.30%
OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA
Max OI (Calls) 18400 (Open Interest: 7988650, CE LTP: 3.25)
Max OI (Puts) 18000 (Open Interest: 7574150, PE LTP: 47.25)
PCR 0.96 (PCR is in sideways to mild bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
FIIs: Highly Bearish in Cash & F&O
FIIs have BOUGHT in cash market for 1436 Crores and BOUGHT in derivatives market for 370 Crores. FIIs turned bearish ahead of US Fed Reserve FOMC meeting (Nov1-2) outcome. FIIs have heavily added bearish positions in index future, stock future & all types of index & stock option contracts. They did PL booking in long & short contracts of index future & index call. Reduced long contracts in stock future and short contracts in index put & stock call.
FII CHANGE OI IN INDEX CALL/PUT:
INDEX CALL CHANGE OI:-0.12L, INDEX CALL LONG:-0.28L, INDEX CALL SHORT:-0.15L
INDEX PUT CHANGE OI:0.38L, INDEX PUT LONG:0.11L, INDEX PUT SHORT:-0.27L
FII NET OUTSTANDING OI IN INDEX CALL/PUT:
INDEX CALL NET OUTSTANDING OI:2.31L, INDEX CALL LONG:5.36L, INDEX CALL SHORT:3.04L
INDEX PUT NET OUTSTANDING OI:2.82L, INDEX PUT LONG:5.72L, INDEX PUT SHORT:2.91L
DIIs: Highly Bearish in Cash & F&O
DIIs SOLD in cash market for -1378 Crores. DIIs have continued to add bearish positions in stock future, index put & stock call options. DIIs have done PL booking & reduced the long as well short contracts in index futures.
Pro Traders: Mild Bearish
Pro traders have added bullish positions in stock future. They have added bearish positions in index call, index put, stock call & stock put options. They did PL booking & reduced long as well as short contracts in index future, short contracts in index put.
Retail Traders: Highly Bullish
Retail traders participation in market (specially in F&O segment) is growing day by day. They have heavily added bullish position in all types of F&O contracts. Did PL booking in long & short contracts of index future and short contracts of stock future. They are trading exactly in opposite direction to big players.
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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.