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NIFTY (CMP : 22907)

Nifty immediate support is at 22700 then 22500 zones while resistance at 23000 then 23250 zones. Now it has to hold above 22700 zones for an up move towards 23000 then 23250 zones while supports can be seen at 22700 then 22500 zones.

BANK NIFTY (CMP : 49702)

Bank Nifty support is at 49500 then 49250 zones while resistance at 50000 then 50250 zones. Now it has to hold above 49500 zones for an up move towards 50000 then 50250 levels while on the downside support is seen at 49500 then 49250 zones.

Derivative Outlook

* Nifty March future closed at 22,907.60 with a premium of 65.35 point v/s 61.10 point premium in the last session.

* Nifty Put/Call Ratio (OI) decreased from 1.29 to 1.20 level.

* India VIX increased by 0.66% to 13.30 level.

FII Cash & Derivative Activity

* FIIs on Derivatives front : Long built up in index futures, call and put buying in index options

* In the cash market : FIIs were net sellers to the tune of 1096 Cr while DIIs were net buyers worth 2141 Cr.

* FIIs long short ratio : Increased to 26.82%

Nifty : Option Data

* Maximum Call OI is at 23300 then 23000 strike while Maximum Put OI is at 22500 then 22800 strike.

* Call writing is seen at 23300 then 22900 strike while Put writing is seen at 22900 then 22800 strike.

* Option data suggests a broader trading range in between 22500 to 23500 zones while an immediate range between 22700 to 23100 levels.

Option - Buying side strategy

Option - Selling side strategy

Nifty Advance Decline & Ban update

Stocks : Derivatives Outlook

Stocks : Options on radar

Quant Intraday Sell Ideas

What is this?

Based on technical indicators this strategy gives 2 stocks that have a high likelihood to fall during the day (from open to close). This is an intraday Sell strategy which can provide a good cushioning during a black swan event

What are the rules?

* Stock names will be given at market open (9:15 am)

* Recommended time to entry: between 9:15 to 9:30 am.

* Entry: We short 2 stocks daily (intraday)

* Exit: we will exit at 3:15 as this is an intraday call

* SL: is placed at 1% of the open.

* Book profit: At 1% fall since open.

* In special situations the book profit might be delayed if the stock is in free fall.

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