Technical Trader

Participant Wise Open Position Analysis - 5th January Welcome to the daily analysis of Participant Wise Open Interest Derivative Data including day end participant wise open interest, daily trades (daily change) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants. Before we proceed with today's derivatives data, let us understand few global / macro factors which affect the market: India VIX was very much stable at 20 levels and was not supportive of the fall market saw during the early hours of trade. While precious metals saw some traction yesterday, Oil prices are seeing some action today. Remember even with Oil prices under pressure during most of the Q3, India's trade deficit has significantly widened   Green back has no respite whatsoever, world is punishin...

Participant Wise Open Position Analysis - 4th January Welcome to the daily analysis of Participant Wise Open Interest Derivative Data including day end participant wise open interest, daily trades (daily change) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants. Before we proceed with today's derivatives data, let us understand few global / macro factors which affect the market: India VIX while crossed 21 during the day when markets fell in the first half however corrected sharply to close below 20 once Nifty recovered in the second half Oil prices remained subdued with OPEC sounding concern on demand remaining under pressure through first half of 2021.  Dollar Index (DXY) again failed to cross over 90 and retreated back to 89.50 levels.  Nifty daily RSI reach...

Participant Wise Open Position Analysis - 1st January Welcome to the daily analysis of Participant Wise Open Interest Derivative Data including day end participant wise open interest, daily trades (daily change) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants. Before we proceed with today's derivatives data, let us understand few global / macro factors which affect the market: India VIX fell significantly to close around 19.50. This is strong indication that the market remains resilient.  Oil prices again remained muted without any significant moves.  Dollar Index (DXY) shrugg off continuing pressure due to Brexit and QE and tried to clinch 90 levels, however, if failed closed just below 90.  Nifty daily RSI reached 73, this again indicates that index c...

Participant Wise Open Position Analysis - 31st December Welcome to the daily analysis of Participant Wise Open Interest Derivative Data including day end participant wise open interest, daily trades (daily change) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants. Before we proceed with today's derivatives data, let us understand few global / macro factors which affect the market: India VIX remained at 21 levels Dollar Index (DXY) kept struggling to claw back above 90 levels, however, due to lower volumes of holiday season there were no meaningful movements Nifty daily RSI climbed above 70 which indicates possibility of further upside in the index Yesterday's Derivative Data Analysis - For Comparison 30th December - Dashboard Today's Participant Wise Open Interest H...

Participant Wise Open Position Analysis - 30th December Welcome to the daily analysis of Participant Wise Open Interest Derivative Data including day end participant wise open interest, daily trades (daily change) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants. Before we proceed with today's derivatives data, let us understand few global / macro factors which affect the market: India VIX remained range bound at 21.  Brent Oil prices remain buoyant above 51 but there is no run away action as yet  Dollar Index (DXY) keeps struggling below 90. This was expected in the light of thin volumes and approval of Brexit Deal by UK Parliament Nifty daily RSI climbed back above 70, however, weekly RSI is close to 80 Yesterday's Derivative Data Analysis - For Comparison ...

Participant Wise Open Position Analysis - 29th December Welcome to the daily analysis of Participant Wise Open Interest Derivative Data including day end participant wise open interest, daily trades (daily change) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants. Before we proceed with today's derivatives data, let us understand few global / macro factors which affect the market: India VIX although couldn't survive above 21 on intraday basis, closed near 21 inspite of market remaining in green the full day. Brent Oil rises by more than 1%, waiting to confirm the break out and fly to 65$ levels. Dollar Index (DXY) had break down below 90, this ensures continued liquidity flow into emerging markets. Nifty daily RSI started showing divergence in shorter time frames. Nifty...

Participant Wise Open Position Analysis - 28th December Welcome to the daily analysis of Participant Wise Open Interest Derivative Data including day end participant wise open interest, daily trades (daily change) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants. Before we proceed with today's derivatives data, let us understand few global / macro factors which affect the market: India VIX reclaimed 20 levels and closed midway between 21 and 20. This simply means there is no clear conviction of unidirectional move in option pricing for monthly expiry. Oil prices remain near the breakout levels, consolidating and waiting for a news to shoot up. Dollar Index (DXY) keeps struggling to stay above 90 maintaining high hopes for continued liquidity for emerging markets. Nifty...

Participant Wise Open Position Analysis - 24th December Welcome to the daily analysis of Participant Wise Open Interest Derivative Data including day end participant wise open interest, daily trades (daily change) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants. Before we proceed with today's derivatives data, let us understand few global / macro factors which affect the market: India VIX has dropped significantly to just below 20. Even though this remains above 18 which is comfortable levels for bulls to rule the market. Oil prices has seen spike recently with storage data indicating reducing inventory. Oil being India's largest import, affects our economy and currency adversely. Dollar Index (DXY) could not conclusively cross 91.10 to market above 92 levels, but is ...

Participant Wise Open Interest Analysis - 23rd December Welcome to the daily analysis of Participant Wise Open Interest including day end participant wise open interest, daily trades (net change for the day in the open interest) and series change in derivatives of Index (covering Both Nifty and Bank Nifty) and Stocks with breakup of trades in Index futures, Index call options, Index put options,  Stock futures, Stock call options and Stock put options for each category of participants namely Clients, FII, DII and PRO. Before we start with derivative data, please note that India VIX has contracted today to just below 22 (still uncomfortable territory for bulls) and Dollar Index (DIX - the ultimate source of liquidity) retracted from 91 levels. Keep a keen eye on these two factors along with movement in Oil prices to get a general direction of world markets as well. Yesterday's Derivative Data Analysis - For Comparison 22nd December - Dashboard Today's Participant Wise Open Inte...