Something unusual cooking in #TCS February #OptionChain
Similar setup was seen in #Infy few months back
Disclosure ~ No positions
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@Nifty50striker • Reputation: -1,191
Companies may have reserves on left side of balance sheet but what about liquid/cash or equivalent balance on right side?
Also for Banks these dues are receivables and not received as of now.
Note ~ This is my way of understanding I may go wrong whole or part as I don't study Ba...
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@Nifty50striker • Reputation: -1,191
Companies may have reserves on left side of balance sheet but what about liquid/cash or equivalent balance on right side?
Also for Banks these dues are receivables and not received as of now.
Note ~ This is my way of understanding I may go wrong whole or part as I don't study Ba...
Read more...
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reply
Reply
@Nifty50striker • Reputation: -1,191
Companies may have reserves on left side of balance sheet but what about liquid/cash or equivalent balance on right side?
Also for Banks these dues are receivables and not received as of now.
Note ~ This is my way of understanding I may go wrong whole or part as I don't study Ba...
Read more...
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@Nifty50striker • Reputation: -1,191
Post Thursday close #BankNifty future #OpenInterest is at lowest level post 25/12/2019
Interpretation ~ Market participants are not willing to take risk directly into future instead participation is increased in #Options
#Nifty50Striker
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@Nifty50striker • Reputation: -1,191
Apart from Open Interest based PCR you can also focus on Volume based PCR.
#Nifty50Striker
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Chart study
@Nifty50striker • Reputation: -1,191
Manush in NIFTY-BANKWith or without some volatility #NiftyBank may ...
Fully respected...
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@Nifty50striker • Reputation: -1,191
#Nifty Weekly Chart
Rising Wedge Resistance near to 12400 & RSI cluster also indicating some resistance near to 70.
If #Bulls manages to clear 12420-12430 zone then move till 12500 would not be difficult.
#Nifty50Striker
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@Nifty50striker • Reputation: -1,191
#YesBank
Option Chain Data
Highest Open Interest at 50 CE & PE (Both side same strike)
LTP 38.55 (cash) & 35.10 (future)
Learning Note ~ Never trade assuming highest CE/PE acts as Resistance/Support
#Nifty50Striker
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@Nifty50striker • Reputation: -1,191
Manush in NIFTY-50*_12200 CE RESULTED INTO 12300 CE NOW 12300 CE ...
#Nifty
Slowly & Steadily moves are taking place....
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@Nifty50striker • Reputation: -1,191
#Nifty
Additions on CE front ATM-OTM with low Iv is quite surprising...!!!
#Nifty50Striker
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@Nifty50striker • Reputation: -1,191
With or without some volatility #NiftyBank may touch 31900 by tomorrow close
#Nifty50Striker
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@Nifty50striker • Reputation: -1,191
#Nifty (spot basis)
Can we see...???
12400-12445-12490-12545-12635
(+/- 10 points)
View valid till January expiry
Close below 12200 shall negate view
#Nifty50Striker
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@Nifty50striker • Reputation: -1,191
#Nifty Weekly Expiry Option Chain data Analysis 11:45 AM
PE front IV is 1.33x of CE front
Market won't come down easily
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@Nifty50striker • Reputation: -1,191
*_12200 CE RESULTED INTO 12300 CE NOW 12300 CE RESULT INTO 12400 OR WHAT?_*
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@Nifty50striker • Reputation: -1,191
Just to give bigger target you should not give any formations a pattern name (formation)
To name few
Flag & Pole (Bullish & Bearish)
Head & Shoulder (Bullish & Bearish)
Rounding (Bullish & Bearish)
Something like *TREND* & *POSITION* also matters...
#Nifty50Striker
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Flat or higher opening?
@Nifty50striker • Reputation: -1,191
Expecting 12160-12170 with or without evening star for #Nifty
#Nifty50Striker
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