Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
NIFTY
Nifty is down by -82.5 points. Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted below from 0.84 to 0.76 which is still in bearish zone.
Highest open interest on call side at 18500 (Shifted up from 18000 to 18500)
Highest open interest on put side at 17000 (Remained same at 17000)
BANK NIFTY
Bank Nifty is down by -88 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted down from 1.08 to 0.66 which is now back in bearish zone.
Highest open interest on call side at 39500 (Shifted down from 40000 to 39500)
Highest open interest on put side at 39000 (Shifted up from 38000 to 39000) – BULLS GOT TRAPPED
Shall we expect trending market tomorrow after Jackson Hole meeting outcome?
Please do share your comments. Have a happy, healthy & profitable day ahead!
NIFTY
Nifty is down by -82.5 points. Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted below from 0.84 to 0.76 which is still in bearish zone.
Highest open interest on call side at 18500 (Shifted up from 18000 to 18500)
Highest open interest on put side at 17000 (Remained same at 17000)
BANK NIFTY
Bank Nifty is down by -88 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted down from 1.08 to 0.66 which is now back in bearish zone.
Highest open interest on call side at 39500 (Shifted down from 40000 to 39500)
Highest open interest on put side at 39000 (Shifted up from 38000 to 39000) – BULLS GOT TRAPPED
Shall we expect trending market tomorrow after Jackson Hole meeting outcome?
Please do share your comments. Have a happy, healthy & profitable day ahead!
FIIs (Bearish):
FII bought in cash market for 369 crores and bought in derivative market for 9363 crores. FIIs significantly increased their index & stock future short contracts. FIIs heavily shorted index as well as stock calls & puts. Giving full credit to FIIs for last hour fall.
DIIs (Bullish):
DII sold in cash for -322 Crores. DIIs have also significantly reduced their positions in index and stock futures, index put long contracts, stock futures and stock call short contracts.
PRO (Bullish):
Pro traders have significantly reduced their positions in index future & options & stock future & options long as well short contracts.
CLIENT (Bullish):
Retails traders have also significantly reduced their positions in index future & options & stock future & options long as well short contracts.