Bank Nifty Levels & Strategy for 15/Nov/2022

2022年11月14日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.

BANK NIFTY
Bank Nifty is sideways after hitting new lifetime high. FIIs/Big players have again turned the bearish and retail traders turned super bullish. Profit booking at higher level is going on. Retail traders should trade carefully near lifetime high amid several global issues. Retail traders should hedge their overnight positions without fail to protect their capital.

Please find below scorecard & options statistics. Options data & PCR is indicating sideways action. Big players have written calls as well as puts at every level (ATM, ITM, OTM). Option buyers should get into action only when market pick-up the momentum (breakout or breakdown) else theta decay in options will continue to hurt option buyers.

BANK NIFTY SCORECARD DATED 14/NOV/2022
BANK NIFTY IS DOWN BY -60 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42077 42137 -60.30 -0.14%
India VIX 14.91 14.41 0.51 3.51%

OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 44000 (Open Interest: 2615650, CE LTP: 5.05)
Max OI (Puts) 42000 (Open Interest: 3134725, PE LTP: 200.05)
PCR 1.01 (PCR is in sideways zone)

Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup

2022年11月14日

評論

FIIs & DIIs, Cash & F&O Buy/Sell Data Analysis Dated 14/Nov/2022

FIIs: Bullish in Cash & Bearish F&O
FIIs have BOUGHT in cash market for 1089 Crores and SOLD in derivatives market for -3196 Crores. Today, FIIs again did profit booking near lifetime high turned bearish in F&O segments.

FIIs have added new bearish positions in index future, stock future, index call, index put options. They have added relatively low bullish positions in stock call & stock put options. They have reduced the long contracts index future & stock future and 28K plus short contracts in index put.

FII CHANGE OI IN INDEX CALL/PUT:
INDEX CALL CHANGE OI:-0.5L, INDEX CALL LONG:0.13L, INDEX CALL SHORT:0.63L
INDEX PUT CHANGE OI:0.3L, INDEX PUT LONG:0.01L, INDEX PUT SHORT:-0.28L

FII NET OUTSTANDING OI IN INDEX CALL/PUT:
INDEX CALL NET OUTSTANDING OI:1.92L, INDEX CALL LONG:5.62L, INDEX CALL SHORT:3.7L
INDEX PUT NET OUTSTANDING OI:2.65L, INDEX PUT LONG:5.83L, INDEX PUT SHORT:3.18L

DIIs: Mild Bullish in Cash & Bearish in F&O
DIIs BOUGHT in cash market for 47 Crores. DIIs have added bullish positions in stock future (+1.1K) and bearish positions in stock call (-11.6K) options. They have reduced bearish positions (long contracts) in index put.

Pro Traders: Bearish
Pro traders have added new bearish positions in index call (-118K), index put, stock future & stock call options. They have also did stock put writing and did PL booking in long as well as short contracts of index future.

Retail Traders: Super Bullish
Retail traders have heavily added new bullish positions in index future, stock future, index call (168K), index put & stock call options. They are bearish positions only in stock put options. Working in exactly in opposite directions to big players.

Please do review, analyse and share your comments as well. Many thanks for following me on twitter, liking my analysis & retweet. Let us work and win together. Wish you a very happy, healthy & profitable trading day ahead!

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.