🗓 On 11 Dec 2023
📊 The Options Analysis in Oi Spurts indicates that there are no significant positions being created at the At-The-Money (ATM) or In-The-Money (ITM) levels on the Call side. However, there is a Long Build Up only in the Out-of-The-Money (OTM) options such as the 49800 CE, 51000 CE, 52000 CE, and 52500 CE.
↔️ On the other hand, both the Call and Put options are seeing a short build-up, suggesting that the market is expected to trade sideways, with sellers keeping the market within a certain range. Specifically, there is a short build-up in the 47400 PE, 47500 PE, 47400 CE, 47500 CE and 47300 CE with more than 100% Change in OI in all strikes.
✅ In such market conditions, it is advisable to wait for the market to indicate the right direction with positive Open Interest sentiment before determining the market trend.
🔥 Feel the Pulse of our Markets Using Oi Pulse
📊 The Options Analysis in Oi Spurts indicates that there are no significant positions being created at the At-The-Money (ATM) or In-The-Money (ITM) levels on the Call side. However, there is a Long Build Up only in the Out-of-The-Money (OTM) options such as the 49800 CE, 51000 CE, 52000 CE, and 52500 CE.
↔️ On the other hand, both the Call and Put options are seeing a short build-up, suggesting that the market is expected to trade sideways, with sellers keeping the market within a certain range. Specifically, there is a short build-up in the 47400 PE, 47500 PE, 47400 CE, 47500 CE and 47300 CE with more than 100% Change in OI in all strikes.
✅ In such market conditions, it is advisable to wait for the market to indicate the right direction with positive Open Interest sentiment before determining the market trend.
🔥 Feel the Pulse of our Markets Using Oi Pulse
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✅ How "Oi Spurts" helped us in avoiding trades in sideways markets
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Good Morning Team, Markets gave nice bit of moves in the Morning & stuck in a range for the remainder of the day with Staddle players enjoying the day. This Market is not in a mood to come down inspite of Overbought territory. Also in Nifty considering the way its trading in Tight range, expect some break out to happen soon. Though Bullishness is overloaded, need to be really careful at these levels atleast on Short term. This Market is literally Trapping the Positional shorts who are out there expecting a Fall due to Over bought zone. Go with the trend, don't try to time to the fall, which will eventually happen when you are least prepared. Overall BN has some legs to catch up & Nifty might play second fiddle. Happy Trading 👍
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🗓 On the 12th Dec 2023 (BANKNIFTY)
📊 The Trending Oi indicates
a Buildup in the change in CALL Oi ⬆️
and a significant Covering on the change in PUT Oi ⬇️
📈 The option charts on the 47700 strike clearly show a big increase in CALL Oi ⬆️ and a fall in PUT Oi ⬇️,
✅ Indicating that PUT Writers are unwinding positions on the PUT side while establishing significant positions on the CALL side.
✅ ENOUGH REASONS TO BE ON THE PUT SIDE IN BANKNIFTY. ALSO IV DATA SUGGEST IT CAN BE A WRITERS PARADISE
📊 The Trending Oi indicates
a Buildup in the change in CALL Oi ⬆️
and a significant Covering on the change in PUT Oi ⬇️
📈 The option charts on the 47700 strike clearly show a big increase in CALL Oi ⬆️ and a fall in PUT Oi ⬇️,
✅ Indicating that PUT Writers are unwinding positions on the PUT side while establishing significant positions on the CALL side.
✅ ENOUGH REASONS TO BE ON THE PUT SIDE IN BANKNIFTY. ALSO IV DATA SUGGEST IT CAN BE A WRITERS PARADISE
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🗓 On 12 Dec 2023 (Banknifty)
⬆️ Big OI movement caught a huge Short Buildup on the Call side in ATM and OTM strikes like 47300, 47200 and 47100 from 9:40 AM.
⬇️ Simultaneously we can see Short Covering in Put side on 47400, 47300 and 47200 strikes result in the fall at 10:10 AM.
📉 Bank nifty Broke the previous day close and saw a further fall of 150 points within 10 minutes.
🔥 Feel the Pulse of our Markets Using Oi Pulse
⬆️ Big OI movement caught a huge Short Buildup on the Call side in ATM and OTM strikes like 47300, 47200 and 47100 from 9:40 AM.
⬇️ Simultaneously we can see Short Covering in Put side on 47400, 47300 and 47200 strikes result in the fall at 10:10 AM.
📉 Bank nifty Broke the previous day close and saw a further fall of 150 points within 10 minutes.
🔥 Feel the Pulse of our Markets Using Oi Pulse
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🗓 On 12th Dec 2023
➡️ HDFC life indicating upside momentum with a 9-day high breakout and Open=Low identified in Market movers. When an Open=Low is seen in a stock it is considered to be highly bullish when previous day high is taken out.
📊 Futures OI Analysis also indicating Long Buildup with huge volumes. We can see an positive OI change and the stock has moved more than 5% after it took out the previous day high at open.
➡️ HDFC life indicating upside momentum with a 9-day high breakout and Open=Low identified in Market movers. When an Open=Low is seen in a stock it is considered to be highly bullish when previous day high is taken out.
📊 Futures OI Analysis also indicating Long Buildup with huge volumes. We can see an positive OI change and the stock has moved more than 5% after it took out the previous day high at open.
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Good Morning Team, Yesterday Markets gave a minor jolt for Bulls. Though the move would have give some money for Futures Players... Index Option Buyers especially in BN would have seen their SLs gets hit before going in their direction in 2nd half. Last evening we had plenty of news in terms of Inflation & IIP... All looked Positive & even on US Data was inline with expectations. Now all eyes will be on Fed Chairman today whether he's going to pause or start to talk about bringing down the Interest rates. US Markets closed in the green & Futures also trading well in green. Now the question Mark is whether we follow the US Market clues or Bears Who had control in the last 1 hour will they try to create more pressure in Morning. Also with BN Expiry, will wait for data cues. That's the key. Watch out for Trending Oi Data & Oi Premiums tab after 11 AM, which should give the clues. Also, today any Gap down, expected to be bought once & any Gap up is expected to be sold based on Yesterday's closing. So, it's better to get flat opening & take it along with Direction. Happy Trading 👍
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📍On 13 Dec 2023 (PFC)
⛅️ The EOD Oi Analyzer shows a Long Buildup and Short Covering in the past three days, indicating accumulation.
📊 The Futures Oi Analysis indicating an Extreme Rise in the Open interest from the open itself signaling a good Breakout.
✅ PFC has been identified as one of the Market Movers after smashing its 9-day high and reaching fresh higher highs for the day.
📈 The stock breaks the previous day's high in the first three minutes of OPENING , showing a Bullish Sentiment in the stock
🔥 Feel the Pulse of our Markets Using Oi Pulse
⛅️ The EOD Oi Analyzer shows a Long Buildup and Short Covering in the past three days, indicating accumulation.
📊 The Futures Oi Analysis indicating an Extreme Rise in the Open interest from the open itself signaling a good Breakout.
✅ PFC has been identified as one of the Market Movers after smashing its 9-day high and reaching fresh higher highs for the day.
📈 The stock breaks the previous day's high in the first three minutes of OPENING , showing a Bullish Sentiment in the stock
🔥 Feel the Pulse of our Markets Using Oi Pulse
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