Option trading,Fund activity,Fear guage index etc.

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