Option trading,Fund activity,Fear guage index etc.

[shakeel ahmed]

A thread is being started.:clap:

 

[shakeel ahmed]

For Nifty 50,in the month of November 2015,up to 27/11/15,Overseas Fund net selling was 7985.97 crores,Local Fund net buying was 7898.25 crores.Monthly closing is 7935,130 points down from previous monthly closing of 8065.The November was a selling month.

 

[shakeel ahmed]

After a slight dip up to 7850,the call option whose delta value in the range of 45-55 may be purchased with stop loss minus 10 delta.

 

[shakeel ahmed]

In the month of December 2015,the selling from overseas fund in nifty50 has nearly stopped.In the daily chart the lower b/b and upper b/b are at 7600 & 8000 whereas option table says there is hedging of 7500 call and 8000 put options.Since mkt seems bullish,so monthly closing may be near 8000.

 

[shakeel ahmed]

Today weekly closing has been 7861,100 points up of the previous weekly closing of 7761.Mkt seems bullish,re-entry on decline only.

 

[shakeel ahmed]

Use a tight stop loss of 7775.

 

[shakeel ahmed]

Square off all the long position near or above 7950.

 

[shakeel ahmed]

Square off all long positions near or above 7950.

 

[shakeel ahmed]

As stated,Expiry is 7946.

 

[shakeel ahmed]

Overseas funds' selling in Indian equity mkt is continuing.

 

[shakeel ahmed]

Overseas funds' selling is likely to be stopped in Indian as well as other equity mkt.

 

[shakeel ahmed]

I am seeing 7900 plus once again in this expiry.

 

[shakeel ahmed]

In nifty 50,demand area is 7350/7400 and supply area is 7450/7500.

 

[shakeel ahmed]

This temporary bull run will halt near 7600/7700 zone.

 

[shakeel ahmed]

7600 must cross by this weekly closing.

 

[shakeel ahmed]

As said,7600 is a suply line.Mkt fell from a dwarf height of 7600 to 7425.Tight stop at 7400 must be kept.One should buy front line stock @ the small quantity at this level with the tight stop.

 

[shakeel ahmed]

Below 7400,stop long & shorting opportunities in weak stocks may be done.

 

[shakeel ahmed]

Will mkt be able to cross 7600 by this Friday?

 

[shakeel ahmed]

Close all shorts.

 

[shakeel ahmed]

After a minor bounce,more pain in correction may be seen.