Page 21 - Technical Analysis

Nifty options paint bearish trend, while Bank Nifty bullish: F&O experts

F&O cues for Nov 06: The Nifty options data reflects a cautious outlook, with call writing significantly outpacing put activity, says Dhupesh Dhameja of SAMCO Securities.

F&O data suggests Nifty in oversold zone, key support seen at 23,500

F&O cues for Nov 05: However, as long as the Nifty holds above 23,890, a potential pullback could drive it towards 24,200 - 24,300 levels, says analyst at Asit C. Mehta.

Market crash: Sensex staring at another 3,000-pt fall, technical charts say

Charts suggests that the Sensex could slide down to 72,000 levels, in the worst-case scenario, wiping out all the gains made thus far in calendar year 2024 (CY24).

FIIs start Nov series with light positions; bias tilted towards bearishness

F&O cues for Nov 04: The NSE F&O data shows that FIIs hold more than 3 short bets in index futures for every bullish position. Retail hold 2 longs for every short.

FIIs OI in index futures down 40% from peak; Volatility likely to rise

F&O cues for Oct 30: Nifty options reveals a neutral sentiment with Call and Put activity nearing parity, and the PCR rising to 0.93, said Dhupesh Dhameja of SAMCO Securities.

Nifty pivot at 24,500; FIIs trim shorts, net buyers in F&O for last 4 days

F&O cues for Oct 29: Analysts expect the Nifty to extend gains in case of sustained trade above 24,500 levels; key support on the downside seen at 24,100.

Jigar S Patel of Anand Rathi recommends buying these stocks on October 28

In the past two months, Grasim has consistently encountered resistance around the 2,800 level, indicating that it struggles to break past this mark

Thermax, Vishnu; top stock picks by Rajesh Bhosale of Angel One

Thermax has demonstrated impressive strength in a sluggish market, delivering a bullish range breakout on Friday, signaling a continued uptrend into next week

Market crash? Nifty can fall another 1,000 points from here, charts suggest

If the Nifty is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels, charts suggest.

ALERT: Here's why 24,400 is an important support for Nifty bulls

A weekly close below 24,400 shall indicate a significant change in the medium-term trend to bearish, with a risk of sustained fall to near about 23,000 levels on the Nifty 50 index; suggest chart.

Nifty futures premium erodes; options hints at more pain below 24,700

F&O cues for Oct 22: Breakout from 24,700-25,250 range to trigger the next directional move, said Sahaj Agarwal of Kotak Securities. IndiaMart InterMesh and RBL Bank among 16 stocks in F&O ban today.

Nifty resistance stands at 25,000-mark; Bias for Bank Nifty turns positive

F&O cues for Oct 21: Despite Friday's recovery, Nifty options continues to reflect cautious sentiment, with call writing outweighing put writing on Friday, said Dhupesh Dhameja of SAMCO Securities.

Trading strategy ahead of Samvat 2081: Buy the dips, Sell the rallies

Financials, IT, Energy and Auto sectors account for over 52% weightage on the Nifty 50 index; here's how the Bank Nifty, IT, Energy and Auto indices are placed on the charts, and likely trend ahead.

Nifty pivot stands at 24,800, Bank Nifty 51,800; shows F&O data

F&O market update Oct 18: The Nifty options data suggests likely resistance for the index near 24,800 - 25,000, and support between 24,500 - 24,700; says Dupesh Dhameja of SAMCO Securities.

FIIs least bullish since June; OI in Nifty futures down at 3 lakh contracts

Derivatives market update Oct 17: FIIs long-short ratio in index futures dropped to 0.5 its lowest point since June 07. Among stocks, ICICI General Insurance and CoForge saw short build-up yesterday.

Nifty, Bank Nifty consolidate amid lower volumes; 14 stocks in F&O ban

Derivatives market update Oct 16: Among individual stocks, Deepak Nitrite, PVRInox and HPCL witness fresh long build-up; Cipla and Reliance futures see selling pressure.

Check FII, Retail, Proprietary trading bets in F&O at the start of the week

Derivatives market update Oct 14: The Nifty weekly options data shows a tug-of-war between the bulls and the bears at the 25,000 Strike Price. FIIs continue to hold notable shorts in Bank Nifty.

Nifty50, MidCap Select index show promising setups: Check trading strategy

The Nifty 50 Index is expected to trade within a well-defined range between 25,235 and 24,700

Nifty: Will the market rally yet again as FIIs turn overtly bearish in F&O?

Derivatives market update Oct 11: Last time around, in June, the Nifty rallied sharply after FIIs turned this bearish and the long-short ratio dipped to near 0.5. Will history repeat?

Nifty weekly expiry in focus; FIIs pile up bearish bets in Bank Nifty

Derivatives market update Oct 10: FIIs open positions in Bank Nifty up over 200% since the start of Oct; overall long-short ratio in index futures now at lowest level since June.