Sunday, 31 July 2011
Thursday, 28 July 2011
28th Jul 11(Thurs) Nifty Option Chain
Hi,
Jul Series have come to an end. Aug series will start from tomorrow.
Those of you who are used to holiday less trading in the past 3 months,pls be reminded that there is one trading holiday in the month of August.
15th Aug , Monday, Independence Day.
You may draw your plans for the long weekend away from trading terminal.
Initial glance at the Nifty option chain of Aug series , as of today, Highest OI is at 5400 Put and 5700 Call. About 50 lakhs volume at the each strike.
here is the Nifty Option Chain on 28th Jul 11(Thurs).
Wish you all a very productive Aug Series.
Happy Trading.
Wednesday, 27 July 2011
Tuesday, 26 July 2011
Sunday, 24 July 2011
Gold,Silver shines
Hi,
Gold has touched intra week high of $1610 and corrected up to $1585 and reclaimed $1600 by week end.Silver has touched intra week high of $40.50 and corrected up to $38.5 and closed above $40 by week end.
Follow the developments in the US regarding debt ceiling and Policy makers attempts to arrive at a conclusion.Remember the date Aug 02nd. That is the deadline for the policy makers in the US.
Friday, 22 July 2011
Thursday, 21 July 2011
Wednesday, 20 July 2011
20th Jul 11(Wed) Nifty Option Chain
Hi,
Here is Nifty Option Chain of 20th Jul 11(Wed).
Nifty has continued to trade in the range of 5555 to 5630. 5500 put still has highest OI.5600 call is also adding to its OI and it is close to 90 lacs.Six sessions are remaining in this series. will it oscillate in this range or break out before series ends? it is any one's guess?.It is advisable to the traders who have adopted a short strangle strategy selling 5500 Put and selling 5600 call to be cautious and on guard.
Tuesday, 19 July 2011
Monday, 18 July 2011
Gold Above $1600 and Silver Above $40
Hi,
US Markets are Open.
Gold is trading comfortably above $1600 and silver above $40.
As far as gold is concerned it is longest winning streak.continuous rise for the past 10 sessions.
Last time it managed that feat was way back in 1980.
Gold,Silver moving higher
Hi,
Gold is moving higher and touched a high of $1598 another record.
Silver is very close to $40.
May be debt ceiling debate in the US,keeping investor/ trader interest in these precious metals.Policy makers in the US have time till Aug 02nd to decide on the debt ceiling.Hence, it is advisable not to entertain ideas of shorting these precious metals in the next two weeks.
Mr Jim Rogers on Bloomberg has said,he is not selling his gold holdings yet.Infact will add to his gold position on dips.
Saturday, 16 July 2011
15th Jul 11(Fri) Nifty Option Chain
Hi,
here is Nifty option chain of 15th Jul 11(Fri).Notice that along with 5700 call,5600 call also seen OI Build up.5500 Put still has higher OI.
On 14th Jul(Thurs), Nifty managed to get past 5600 and touched Intra day 5650.But,late sell off since 3.00 p.m brought down Nifty to below 5600 level. On the 15th Jul(Fri), Nifty managed to climb above 5600 and moved up to 5630 where it got resisted and fallen below 5600.Judging from swiftness with which Nifty came down below 5600 level on these two occasions,there was a determined selling at 5650,5630 levels.
Hence 5500 seems to be support and 5630-5650 area is resistance area.Another Nine sessions left in this series. It is any one's guess whether Nifty will oscillate within the 5500-5630,5650 range in these Nine sessions. Options writers at 5500 put strike and 5600 calls are advised to be cautious and on guard.
Have a very good weekend
Thursday, 14 July 2011
Wednesday, 13 July 2011
NSE Stock Futures losers 13th Jul 11(Wed)
Hi NSE Stock Future Traders,
Here is a list of top 15 losers of NSE stock futures on 13 Jul 11(Wed). source is moneycontrol.com
Here is a list of top 15 losers of NSE stock futures on 13 Jul 11(Wed). source is moneycontrol.com
13th Jul 11(Wed) NSE Stock Futures Gainers
Hi NSE Stock Future traders,
Here is a list of top 15 gainers in the stock futures on 13th Jul 11(Wed). Source is moneycontrol.com
Here is a list of top 15 gainers in the stock futures on 13th Jul 11(Wed). Source is moneycontrol.com
Nifty Option Chain 13th Jul 11(Wed)
Hi Nifty Option Traders,
Here is Nifty Option Chain at the end of 13th Jul 11(Wed).Data is taken from nseindia.com and i have reformatted a bit. Strike prices are given in the middle in blue colour.
Data to the Left side of Strike prices pertains to CALL Options. Data to the Right side of Strike prices pertains to PUT Options.LTP Stands for Last Traded Price.
Notice the Open Interest(OI) volume build up at 5500 Put. It is more than one crore(10 million). As of now,5500 should be good support.Also 5600 Put has seen an addition of million shares.On the Call Side 5700 , 5800 Calls have highest OI Build up.
Hence it looks like Nifty would trade between 5600 to 5700 in the coming sessions.
Keep a watch on the data though. Inflation data is due on 14th Jul(Thurs). TCS results are due on 14th Jul(Thurs).Infy results were out on 12th (Tue) and they are market neutral.
Also keep an ear on Euro Zone news.
Gold Rush Continues
U.S.Markets are Open. Gold has made a new life time high of $1580. If it closes above $1575,it will be new closing record.
Gold Rush
Gold has touched $1575,it's life time high , again today.Gold has managed to do this third time during the year 2011. Will it close above $1575 and rush towards $1600?
It might. Renewed Euro zone concerns may prompt safe haven buying/investment.Talk of Q3 is in the Air.If that happens , lot of liquidity to chase commodities, including the precious metal.Also, Q3 means less dollar strength and more inflation.valid reasons for money to get into gold.
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