0) { Window.addthis.layers(window.addthis_layers); } If (Array.isArray(window.addthis_layers_tools)) { For (i = 0; I < Window.addthis_layers_tools.length; I++) { Window.addthis.layers(window.addthis_layers_tools[i]); } } } },1000) }()); Menuofa StrategiesTrainingPremiumTraders CafeIntraday SignalsMCX SignalsLibraryMarketcallsSimply Intelligent Technical Analysis And Trading Strategies // Load GPT Asynchronously Var Googletag = Googletag || {}; Googletag.cmd = Googletag.cmd || []; (function() { Var Gads = Document.createElement(\'script\'); Gads.async = True; Var UseSSL = \'https:\' == Document.location.protocol; Gads.src = (useSSL ? \'https:\' : \'http:\') + \'//www.googletagservices.com/tag/js/gpt.js\'; Var Node = Document.getElementsByTagName(\'script\')[0]; Node.parentNode.insertBefore(gads, Node); })(); // GPT Slots Var GptAdSlots = []; Googletag.cmd.push(function() { // Define A Size Mapping Object. The First Parameter To AddSize Is // A Viewport Size, While The Second Is A List Of Allowed Ad Sizes. Var Mapping = Googletag.sizeMapping(). // Accepts Both Common Mobile Banner Formats AddSize([320, 400], [[300, 250], [250, 250]]). // Same Width As Mapping Above, More Available Height AddSize([320, 700], [300, 250]). // Landscape Tablet AddSize([750, 200], [728, 90]). // Desktop AddSize([1050, 200], [728, 90]).build(); // Define The GPT Slot GptAdSlots[0] = Googletag.defineSlot(\'/32083758/livecharts\', [728, 90], \'div-gpt-ad-1443594816107-0\'). DefineSizeMapping(mapping). AddService(googletag.pubads()); Googletag.pubads().setTargeting(\"test\",\"responsive\"); // Start Ad Fetching Googletag.enableServices(); }); Googletag.cmd.push(function() { Googletag.display(\'div-gpt-ad-1443594816107-0\'); }); Software Amibroker NinjaTrader 7 Ninjatrader 8 Option Action Market Analyst Metatrader Python Datafeed Market Profile Orderflow Markets Commodities Forex Economy Banking Webinars Trading Lessons Algo Trading Infographic Video You Are Here: Home / Futures And Options / Nifty Futures – State Of The Market Before The Election Results WeekNifty Futures – State Of The Market Before The Election Results Week May 17, 2019 By Rajandran Leave A Comment The Big Week Filled With Events Is About To Start And Its Good Time To Have A Check Up What Happened So Far In This Week And What Is The Current State Of The Market And What Is The Context Going On. 1)Buyers Bought In Last Two Trading Session At Every Single Dip Last Two Days Of Rally Is Relentless And Would Have Smashed Out Every Short Term Short Sellers Out Of The Market. But More Importantly Buyers Bought At Every Micro Dip And Sellers Would Have Covered Out Of Frustration. Most Likely The Consecutive Dip Buyers Nature Is A Short Term Play And Once The Event Is Over They Sort Of Unwind Their Positions Or If The Event Is Turning Against Them They Are The First One To Liquidate Their Positions. The Reality Is Too Many Such Players Onboard In The Last Two Trading Days. Even Small Bad News Or Negative News Sentiment Could Trigger Faster Liquidation In The Markets. 2)Implied Volatility , Option Premium and Open Interest At The Money Implied Volatility Is At 40-41 Levels And That Explains The Costlier Option Premium On Both Calls & Puts And Huge Time Value Is Already Factored In. Higher The Option Premium, Higher The Uncertainty In The Markets. High Option Premiums Make Totally Uncomfortable For The Option Buyers And The Higher Volatility Makes The Option Writers Totally Uncomfortable. It Is A Difficult Market For The Option Writers. Nifty Option – Weekly Option Chain Nifty Open Interest Is Highest At 12000CE And 11000PE Strikes In Both Weekly And Monthly Options Which Indicates That Participants Prepared For Wider Price Action Movement For The Next Week. Nifty Open Interest – Weekly Options High Volatility Also Makes The Risk Higher And Reward Lower For The Naked Option Buyers. Hence, Option Buyers Have To Miss The Trading Opportunity And Find It In Asset Classes In The Mean Time Especially The Rewarding Nature Reduces A Lot. If One Trading In Nifty Futures Then They Have To Reduce Their Positon Sizing And Carry With Comfortable Position Sizing. 3)Rising India VIX India VIX Shot From 14.5 Levels During 19th Mar 2019 To 28.08 Levels Before The Election Results Week. Intraday Volatility Of The Nifty Futures Is Hitting 120-170 Points On An Average. India VIX Shot Up Before The Election Results Week 4)Nifty Daily Price Action Nifty Daily Charts Nifty Bounced More Or Less From The Visual Level – Previous Swing High Established Around 11160 Levels. 5)FII Option Data FII Option Data FIIs So Far Haven’t Added Much Of Index Long Calls/index Long Puts For The Current Series Rather They Sold Both Index Calls And Index Puts. Selling Is Seen Aggressive In Calls Than The Index Puts. 5)Social Media By This Time Political View On Markets Would Be Sky-rocketing In Whatsapp, Telegram, Facebook, Twitter Channels. Traders Would Be Discussing How The Election Results Impact In The Short Run And Investing Would Be Discussing How The Impacts Of The Results In The Longer Run. If You Are Looking For Unbiased Information As A Short Term Trader I Would Say That Next Weekly One Have To Be A Political Atheist. Rather Focusing On The Political Developments Focus On The Price, Context And Focus On Your Trading Process And Simply Ignore The Noise. Those Noise Will Wade Away In A Week Or Two. Remember One Thing In Mind Market Reality Is Far Different From What We Think Based On The Happenings/event Around Us. 6)Nifty Futures – Market Profile Nifty Futures Hit Its First And Immediate Resistance Point Around 11440 Levels With Back To Back Possible Stealth Auction. Failure To Cross Above 11440 Levels Could Bring A Faster Test Towards 11150 Again. Nifty Futures – Market Profile Charts 7)For System Traders Binary Events Like Exit Poll Announcements & Election Event Results Carries Systemic Risk In Carry Forward Positions. If You Are Trading Systems Then One Should Stay Away From Carrying Positions Before The Events Or Take Lighter Positions For Carry Forward. Any Events – Its Better To Put A Rule/ban On System Till The Event Sentiment Is Over Which Prevents From Unwanted Outliers If Any. 8)For News Based Traders Here, Is A Snippet From ET On Exit Polls And How Biased Those Exit Poll Figures Are. Definitely Exit Polls Have Short Term Impact On Markets But Nevertheless, Stay Focused On Context Rather Than Exit Poll Events. Source – Economic Times Overall It Is Going To Be An Interesting Week As Usual Going To Keep All The Investors And Traders At The Edge Of The Seat. Weird Price Movements Are Always Possible In The Given Scenario. Traders Focus On Trade Setups And Give More Priority To Risk. Over Betting Or Over Trading In This Scenario Help A Trader Very Little Than Damage It Facilitates. Related Readings And ObservationsNifty Futures – Sideways Balancing To Continue? How Long This Sideways Price Action In Nifty Futures Is Likely To Continue? I Guess The Same Thing Might Be Running Through Your Mind As Well.Nifty Futures Market Profile – Reading Market Generated Information For Apr Expiry April Expiry Is Near And So Lot Of Expectation From The Trading Community. India VIX Jumped To 24 Levels However Markets Are Still Moving A Very Narrow Range For This Expiry. Nothing Much […]Nifty Futures Short Term Outlook For The Expiry Week On Thursday Nifty Futures Opened With The Extreme Sentiment (gap Up). However, Nifty Futures Failed To Keep The Buyer\'s Enthusiasm Up And Turned Towards The Previous Days Low And […]Nifty Futures – Short Term View – 16th Apr 2019 Nifty Futures So Far In April Series Moving A Very Narrow Range And 10 Day ATR Is Around 110 Levels And Volatility Is On The Falling Side. Nifty Futures April 2019 – Short Term Outlook Nifty Futures Friday Sentiment Ended Extremely On A 5min Timeframe Which Is Not A Good Sentiment For A Follow Thro Rally. Quick Flip Supports For Monday Coming Around 11734. Price Started […]Nifty Futures – Extreme Positive Sentiment Nifty Currently Trading Around 11521 In Nifty Spot Making A One-way Rally Straight Away From 10580 Levels Made During 19th Feb 2019. Filed Under: Futures And Options Tagged With: Dip Buyers, Nifty Futures, State Of The Market, Stealth AuctionAbout RajandranRajandran Is A Full Time Trader And Founder Of Marketcalls & Co-Founder Of Traderscafe, Trades Mostly Using Discretionary Trading Concepts Like Market Profile, Trading Sentimental Analysis, Building Timing Models, Algorithmic Trading Models. Instructs Professional Traders, Full Time Traders & Aspiring Full Time Traders. Rajandran Attended College In The Chennai Where He Earned A BE In Electronics And Communications. Rajandran Has A Broad Understanding Of Trading Softwares Like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python And Understands Individual Needs Of Traders And Investors Utilizing A Wide Range Of Methodologies. Leave A Reply Cancel Reply Your Email Address Will Not Be Published. Required Fields Are Marked *Comment Name * Email * Website Googletag.cmd.push(function() { Googletag.display(\'div-gpt-ad-1442406933453-0\'); }); Email Newsletter Sign Up To Receive Email Updates On Latest Trading Strategies , Analysis & Financial Market Updates Your Name E-Mail Address We Respect Your Privacy (adsbygoogle = Window.adsbygoogle || []).push({}); Premium Access Username:Password:Remember Me Lost Your Password? Tools For Traders Marketcalls Android App MCX Signals Intraday Signals International Commodities OI Tracker Participation OI Your Broker Market Sentiment Analysis Amibroker Updates Released Algostudio 2.0.0.2 - Amibroker AutoTrading Bridge For Upstox API UsersApril 25, 2019 By Rajandran Leave A CommentVWAP Intraday Trading Strategy: Do Simple Trading Strategies Really Work? [Part4]April 21, 2019 By Rajandran 4 CommentsV-lintra V6 – Bank Nifty Futures Trading System: TradeStudioApril 19, 2019 By Rajandran 1 Comment[Premium] Trading Strategies For Active Traders – May 2019 – Recorded WebinarApril 4, 2019 By Shruthi Hegde 5 CommentsRSI Momentum Trading Strategy : Do Simple Trading Strategies Really Work? [Part3]April 3, 2019 By Rajandran Leave A Comment FacebookGoogle+LinkedInRSSTwitterYouTube | BlogAdda" />
0) { Window.addthis.layers(window.addthis_layers); } If (Array.isArray(window.addthis_layers_tools)) { For (i = 0; I < Window.addthis_layers_tools.length; I++) { Window.addthis.layers(window.addthis_layers_tools[i]); } } } },1000) }()); Menuofa StrategiesTrainingPremiumTraders CafeIntraday SignalsMCX SignalsLibraryMarketcallsSimply Intelligent Technical Analysis And Trading Strategies // Load GPT Asynchronously Var Googletag = Googletag || {}; Googletag.cmd = Googletag.cmd || []; (function() { Var Gads = Document.createElement(\'script\'); Gads.async = True; Var UseSSL = \'https:\' == Document.location.protocol; Gads.src = (useSSL ? \'https:\' : \'http:\') + \'//www.googletagservices.com/tag/js/gpt.js\'; Var Node = Document.getElementsByTagName(\'script\')[0]; Node.parentNode.insertBefore(gads, Node); })(); // GPT Slots Var GptAdSlots = []; Googletag.cmd.push(function() { // Define A Size Mapping Object. The First Parameter To AddSize Is // A Viewport Size, While The Second Is A List Of Allowed Ad Sizes. Var Mapping = Googletag.sizeMapping(). // Accepts Both Common Mobile Banner Formats AddSize([320, 400], [[300, 250], [250, 250]]). // Same Width As Mapping Above, More Available Height AddSize([320, 700], [300, 250]). // Landscape Tablet AddSize([750, 200], [728, 90]). // Desktop AddSize([1050, 200], [728, 90]).build(); // Define The GPT Slot GptAdSlots[0] = Googletag.defineSlot(\'/32083758/livecharts\', [728, 90], \'div-gpt-ad-1443594816107-0\'). DefineSizeMapping(mapping). AddService(googletag.pubads()); Googletag.pubads().setTargeting(\"test\",\"responsive\"); // Start Ad Fetching Googletag.enableServices(); }); Googletag.cmd.push(function() { Googletag.display(\'div-gpt-ad-1443594816107-0\'); }); Software Amibroker NinjaTrader 7 Ninjatrader 8 Option Action Market Analyst Metatrader Python Datafeed Market Profile Orderflow Markets Commodities Forex Economy Banking Webinars Trading Lessons Algo Trading Infographic Video You Are Here: Home / Futures And Options / Nifty Futures – State Of The Market Before The Election Results WeekNifty Futures – State Of The Market Before The Election Results Week May 17, 2019 By Rajandran Leave A Comment The Big Week Filled With Events Is About To Start And Its Good Time To Have A Check Up What Happened So Far In This Week And What Is The Current State Of The Market And What Is The Context Going On. 1)Buyers Bought In Last Two Trading Session At Every Single Dip Last Two Days Of Rally Is Relentless And Would Have Smashed Out Every Short Term Short Sellers Out Of The Market. But More Importantly Buyers Bought At Every Micro Dip And Sellers Would Have Covered Out Of Frustration. Most Likely The Consecutive Dip Buyers Nature Is A Short Term Play And Once The Event Is Over They Sort Of Unwind Their Positions Or If The Event Is Turning Against Them They Are The First One To Liquidate Their Positions. The Reality Is Too Many Such Players Onboard In The Last Two Trading Days. Even Small Bad News Or Negative News Sentiment Could Trigger Faster Liquidation In The Markets. 2)Implied Volatility , Option Premium and Open Interest At The Money Implied Volatility Is At 40-41 Levels And That Explains The Costlier Option Premium On Both Calls & Puts And Huge Time Value Is Already Factored In. Higher The Option Premium, Higher The Uncertainty In The Markets. High Option Premiums Make Totally Uncomfortable For The Option Buyers And The Higher Volatility Makes The Option Writers Totally Uncomfortable. It Is A Difficult Market For The Option Writers. Nifty Option – Weekly Option Chain Nifty Open Interest Is Highest At 12000CE And 11000PE Strikes In Both Weekly And Monthly Options Which Indicates That Participants Prepared For Wider Price Action Movement For The Next Week. Nifty Open Interest – Weekly Options High Volatility Also Makes The Risk Higher And Reward Lower For The Naked Option Buyers. Hence, Option Buyers Have To Miss The Trading Opportunity And Find It In Asset Classes In The Mean Time Especially The Rewarding Nature Reduces A Lot. If One Trading In Nifty Futures Then They Have To Reduce Their Positon Sizing And Carry With Comfortable Position Sizing. 3)Rising India VIX India VIX Shot From 14.5 Levels During 19th Mar 2019 To 28.08 Levels Before The Election Results Week. Intraday Volatility Of The Nifty Futures Is Hitting 120-170 Points On An Average. India VIX Shot Up Before The Election Results Week 4)Nifty Daily Price Action Nifty Daily Charts Nifty Bounced More Or Less From The Visual Level – Previous Swing High Established Around 11160 Levels. 5)FII Option Data FII Option Data FIIs So Far Haven’t Added Much Of Index Long Calls/index Long Puts For The Current Series Rather They Sold Both Index Calls And Index Puts. Selling Is Seen Aggressive In Calls Than The Index Puts. 5)Social Media By This Time Political View On Markets Would Be Sky-rocketing In Whatsapp, Telegram, Facebook, Twitter Channels. Traders Would Be Discussing How The Election Results Impact In The Short Run And Investing Would Be Discussing How The Impacts Of The Results In The Longer Run. If You Are Looking For Unbiased Information As A Short Term Trader I Would Say That Next Weekly One Have To Be A Political Atheist. Rather Focusing On The Political Developments Focus On The Price, Context And Focus On Your Trading Process And Simply Ignore The Noise. Those Noise Will Wade Away In A Week Or Two. Remember One Thing In Mind Market Reality Is Far Different From What We Think Based On The Happenings/event Around Us. 6)Nifty Futures – Market Profile Nifty Futures Hit Its First And Immediate Resistance Point Around 11440 Levels With Back To Back Possible Stealth Auction. Failure To Cross Above 11440 Levels Could Bring A Faster Test Towards 11150 Again. Nifty Futures – Market Profile Charts 7)For System Traders Binary Events Like Exit Poll Announcements & Election Event Results Carries Systemic Risk In Carry Forward Positions. If You Are Trading Systems Then One Should Stay Away From Carrying Positions Before The Events Or Take Lighter Positions For Carry Forward. Any Events – Its Better To Put A Rule/ban On System Till The Event Sentiment Is Over Which Prevents From Unwanted Outliers If Any. 8)For News Based Traders Here, Is A Snippet From ET On Exit Polls And How Biased Those Exit Poll Figures Are. Definitely Exit Polls Have Short Term Impact On Markets But Nevertheless, Stay Focused On Context Rather Than Exit Poll Events. Source – Economic Times Overall It Is Going To Be An Interesting Week As Usual Going To Keep All The Investors And Traders At The Edge Of The Seat. Weird Price Movements Are Always Possible In The Given Scenario. Traders Focus On Trade Setups And Give More Priority To Risk. Over Betting Or Over Trading In This Scenario Help A Trader Very Little Than Damage It Facilitates. Related Readings And ObservationsNifty Futures – Sideways Balancing To Continue? How Long This Sideways Price Action In Nifty Futures Is Likely To Continue? I Guess The Same Thing Might Be Running Through Your Mind As Well.Nifty Futures Market Profile – Reading Market Generated Information For Apr Expiry April Expiry Is Near And So Lot Of Expectation From The Trading Community. India VIX Jumped To 24 Levels However Markets Are Still Moving A Very Narrow Range For This Expiry. Nothing Much […]Nifty Futures Short Term Outlook For The Expiry Week On Thursday Nifty Futures Opened With The Extreme Sentiment (gap Up). However, Nifty Futures Failed To Keep The Buyer\'s Enthusiasm Up And Turned Towards The Previous Days Low And […]Nifty Futures – Short Term View – 16th Apr 2019 Nifty Futures So Far In April Series Moving A Very Narrow Range And 10 Day ATR Is Around 110 Levels And Volatility Is On The Falling Side. Nifty Futures April 2019 – Short Term Outlook Nifty Futures Friday Sentiment Ended Extremely On A 5min Timeframe Which Is Not A Good Sentiment For A Follow Thro Rally. Quick Flip Supports For Monday Coming Around 11734. Price Started […]Nifty Futures – Extreme Positive Sentiment Nifty Currently Trading Around 11521 In Nifty Spot Making A One-way Rally Straight Away From 10580 Levels Made During 19th Feb 2019. Filed Under: Futures And Options Tagged With: Dip Buyers, Nifty Futures, State Of The Market, Stealth AuctionAbout RajandranRajandran Is A Full Time Trader And Founder Of Marketcalls & Co-Founder Of Traderscafe, Trades Mostly Using Discretionary Trading Concepts Like Market Profile, Trading Sentimental Analysis, Building Timing Models, Algorithmic Trading Models. Instructs Professional Traders, Full Time Traders & Aspiring Full Time Traders. Rajandran Attended College In The Chennai Where He Earned A BE In Electronics And Communications. Rajandran Has A Broad Understanding Of Trading Softwares Like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python And Understands Individual Needs Of Traders And Investors Utilizing A Wide Range Of Methodologies. Leave A Reply Cancel Reply Your Email Address Will Not Be Published. Required Fields Are Marked *Comment Name * Email * Website Googletag.cmd.push(function() { Googletag.display(\'div-gpt-ad-1442406933453-0\'); }); Email Newsletter Sign Up To Receive Email Updates On Latest Trading Strategies , Analysis & Financial Market Updates Your Name E-Mail Address We Respect Your Privacy (adsbygoogle = Window.adsbygoogle || []).push({}); Premium Access Username:Password:Remember Me Lost Your Password? Tools For Traders Marketcalls Android App MCX Signals Intraday Signals International Commodities OI Tracker Participation OI Your Broker Market Sentiment Analysis Amibroker Updates Released Algostudio 2.0.0.2 - Amibroker AutoTrading Bridge For Upstox API UsersApril 25, 2019 By Rajandran Leave A CommentVWAP Intraday Trading Strategy: Do Simple Trading Strategies Really Work? [Part4]April 21, 2019 By Rajandran 4 CommentsV-lintra V6 – Bank Nifty Futures Trading System: TradeStudioApril 19, 2019 By Rajandran 1 Comment[Premium] Trading Strategies For Active Traders – May 2019 – Recorded WebinarApril 4, 2019 By Shruthi Hegde 5 CommentsRSI Momentum Trading Strategy : Do Simple Trading Strategies Really Work? [Part3]April 3, 2019 By Rajandran Leave A Comment FacebookGoogle+LinkedInRSSTwitterYouTube | BlogAdda" />
Nifty Futures – State of the Market Before the Election Results Week window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/11\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/11\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/www.marketcalls.in\/wp-includes\/js\/wp-emoji-release.min.js?ver=5.0.4"}}; !function(a,b,c){function d(a,b){var c=String.fromCharCode;l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,a),0,0);var d=k.toDataURL();l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,b),0,0);var e=k.toDataURL();return d===e}function e(a){var b;if(!l||!l.fillText)return!1;switch(l.textBaseline="top",l.font="600 32px Arial",a){case"flag":return!(b=d([55356,56826,55356,56819],[55356,56826,8203,55356,56819]))&&(b=d([55356,57332,56128,56423,56128,56418,56128,56421,56128,56430,56128,56423,56128,56447],[55356,57332,8203,56128,56423,8203,56128,56418,8203,56128,56421,8203,56128,56430,8203,56128,56423,8203,56128,56447]),!b);case"emoji":return b=d([55358,56760,9792,65039],[55358,56760,8203,9792,65039]),!b}return!1}function f(a){var c=b.createElement("script");c.src=a,c.defer=c.type="text/javascript",b.getElementsByTagName("head")[0].appendChild(c)}var g,h,i,j,k=b.createElement("canvas"),l=k.getContext&&k.getContext("2d");for(j=Array("flag","emoji"),c.supports={everything:!0,everythingExceptFlag:!0},i=0;i if (document.location.protocol != "https:") {document.location = document.URL.replace(/^http:/i, "https:");} /* */ window.is_wp=1; window._izq = window._izq || []; window._izq.push(["init"]); window._wp_rp_static_base_url = 'https://wprp.zemanta.com/static/'; window._wp_rp_wp_ajax_url = "https://www.marketcalls.in/wp-admin/admin-ajax.php"; window._wp_rp_plugin_version = '3.6.4'; window._wp_rp_post_id = '51832'; window._wp_rp_num_rel_posts = '6'; window._wp_rp_thumbnails = true; window._wp_rp_post_title = 'Nifty+Futures+-+State+of+the+Market+Before+the+Election+Results+Week'; window._wp_rp_post_tags = []; window._wp_rp_promoted_content = false; (function() { var useSSL = 'https:' == document.location.protocol; var src = (useSSL ? 'https:' : 'http:') + '//www.googletagservices.com/tag/js/gpt.js'; document.write(''); })(); googletag.cmd.push(function() { googletag.defineSlot('/32083758/interactivecharts', [300, 600], 'div-gpt-ad-1442406933453-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().enableSyncRendering(); googletag.enableServices(); }); (adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-4900780658836904", enable_page_level_ads: true }); document.documentElement.classList.add( 'jetpack-lazy-images-js-enabled' ); if (window.addthis_product === undefined) { window.addthis_product = "wpp"; } if (window.wp_product_version === undefined) { window.wp_product_version = "wpp-6.2.3"; } if (window.wp_blog_version === undefined) { window.wp_blog_version = "5.0.4"; } if (window.addthis_share === undefined) { window.addthis_share = {}; } if (window.addthis_config === undefined) { window.addthis_config = {"data_track_clickback":true,"ignore_server_config":true,"ui_atversion":300}; } if (window.addthis_layers === undefined) { window.addthis_layers = {}; } if (window.addthis_layers_tools === undefined) { window.addthis_layers_tools = [{"sharetoolbox":{"numPreferredServices":5,"counts":"one","size":"32px","style":"fixed","shareCountThreshold":0,"elements":".addthis_inline_share_toolbox_above,.at-above-post"}},{"share":{"counts":"none","numPreferredServices":5,"mobile":false,"position":"left","theme":"transparent"}},{"sharedock":{"counts":"one","numPreferredServices":5,"mobileButtonSize":"large","position":"bottom","theme":"transparent"}}]; } else { window.addthis_layers_tools.push({"sharetoolbox":{"numPreferredServices":5,"counts":"one","size":"32px","style":"fixed","shareCountThreshold":0,"elements":".addthis_inline_share_toolbox_above,.at-above-post"}}); window.addthis_layers_tools.push({"share":{"counts":"none","numPreferredServices":5,"mobile":false,"position":"left","theme":"transparent"}}); window.addthis_layers_tools.push({"sharedock":{"counts":"one","numPreferredServices":5,"mobileButtonSize":"large","position":"bottom","theme":"transparent"}}); } if (window.addthis_plugin_info === undefined) { window.addthis_plugin_info = {"info_status":"enabled","cms_name":"WordPress","plugin_name":"Share Buttons by AddThis","plugin_version":"6.2.3","plugin_mode":"WordPress","anonymous_profile_id":"wp-a6b835c5e1b3570fdcb4916a9a9e8c01","page_info":{"template":"posts","post_type":""},"sharing_enabled_on_post_via_metabox":false}; } (function() { var first_load_interval_id = setInterval(function () { if (typeof window.addthis !== 'undefined') { window.clearInterval(first_load_interval_id); if (typeof window.addthis_layers !== 'undefined' && Object.getOwnPropertyNames(window.addthis_layers).length > 0) { window.addthis.layers(window.addthis_layers); } if (Array.isArray(window.addthis_layers_tools)) { for (i = 0; i < window.addthis_layers_tools.length; i++) { window.addthis.layers(window.addthis_layers_tools[i]); } } } },1000) }()); Menuofa strategiesTrainingPremiumTraders CafeIntraday signalsMCX SignalsLibraryMarketcallsSimply Intelligent Technical Analysis and Trading Strategies // Load GPT asynchronously var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; (function() { var gads = document.createElement('script'); gads.async = true; var useSSL = 'https:' == document.location.protocol; gads.src = (useSSL ? 'https:' : 'http:') + '//www.googletagservices.com/tag/js/gpt.js'; var node = document.getElementsByTagName('script')[0]; node.parentNode.insertBefore(gads, node); })(); // GPT slots var gptAdSlots = []; googletag.cmd.push(function() { // Define a size mapping object. The first parameter to addSize is // a viewport size, while the second is a list of allowed ad sizes. var mapping = googletag.sizeMapping(). // Accepts both common mobile banner formats addSize([320, 400], [[300, 250], [250, 250]]). // Same width as mapping above, more available height addSize([320, 700], [300, 250]). // Landscape tablet addSize([750, 200], [728, 90]). // Desktop addSize([1050, 200], [728, 90]).build(); // Define the GPT slot gptAdSlots[0] = googletag.defineSlot('/32083758/livecharts', [728, 90], 'div-gpt-ad-1443594816107-0'). defineSizeMapping(mapping). addService(googletag.pubads()); googletag.pubads().setTargeting("test","responsive"); // Start ad fetching googletag.enableServices(); }); googletag.cmd.push(function() { googletag.display('div-gpt-ad-1443594816107-0'); }); Software Amibroker NinjaTrader 7 Ninjatrader 8 Option Action Market Analyst Metatrader Python Datafeed Market Profile Orderflow Markets Commodities Forex Economy Banking Webinars Trading Lessons Algo Trading Infographic Video You are here: Home / Futures and Options / Nifty Futures – State of the Market Before the Election Results WeekNifty Futures – State of the Market Before the Election Results Week May 17, 2019 by Rajandran Leave a Comment The big week filled with events is about to start and its good time to have a check up what happened so far in this week and what is the current state of the market and what is the context going on. 1)Buyers bought in last two trading session at every single dip Last two days of rally is relentless and would have smashed out every short term short sellers out of the market. but more importantly buyers bought at every micro dip and sellers would have covered out of frustration. Most likely the consecutive dip buyers nature is a short term play and once the event is over they sort of unwind their positions or if the event is turning against them they are the first one to liquidate their positions. The reality is too many such players onboard in the last two trading days. Even small bad news or negative news sentiment could trigger faster liquidation in the markets. 2)Implied Volatility , Option Premium and Open Interest At the money implied volatility is at 40-41 levels and that explains the costlier option premium on both calls & puts and huge time value is already factored in. Higher the option premium, higher the uncertainty in the markets. High Option premiums make totally uncomfortable for the option buyers and the higher volatility makes the option writers totally uncomfortable. It is a difficult market for the option writers. Nifty Option – Weekly Option Chain Nifty Open Interest is highest at 12000CE and 11000PE strikes in both weekly and monthly options which indicates that participants prepared for wider price action movement for the next week. Nifty Open Interest – Weekly Options High volatility also makes the risk higher and reward lower for the naked option buyers. Hence, option buyers have to miss the trading opportunity and find it in asset classes in the mean time especially the rewarding nature reduces a lot. If one trading in Nifty Futures then they have to reduce their positon sizing and carry with comfortable position sizing. 3)Rising India VIX India VIX shot from 14.5 levels during 19th Mar 2019 to 28.08 levels before the election results week. Intraday volatility of the Nifty Futures is hitting 120-170 points on an average. India VIX shot up before the Election results week 4)Nifty Daily Price Action Nifty Daily Charts Nifty bounced more or less from the visual level – previous swing high established around 11160 levels. 5)FII Option Data FII Option Data FIIs so far haven’t added much of index long calls/index long puts for the current series rather they sold both index calls and index puts. Selling is seen aggressive in calls than the index puts. 5)Social Media By this time political view on markets would be sky-rocketing in whatsapp, telegram, facebook, twitter channels. Traders would be discussing how the election results impact in the short run and investing would be discussing how the impacts of the results in the longer run. If you are looking for unbiased information as a short term trader I would say that next weekly one have to be a political atheist. Rather focusing on the political developments focus on the price, context and focus on your trading process and simply ignore the noise. Those noise will wade away in a week or two. Remember one thing in mind market reality is far different from what we think based on the happenings/event around us. 6)Nifty futures – Market Profile Nifty futures hit its first and immediate resistance point around 11440 levels with back to back possible stealth auction. Failure to cross above 11440 levels could bring a faster test towards 11150 again. Nifty Futures – Market Profile Charts 7)For System Traders Binary events like exit poll announcements & election event results carries systemic risk in carry forward positions. If you are trading systems then one should stay away from carrying positions before the events or take lighter positions for carry forward. Any events – its better to put a rule/ban on system till the event sentiment is over which prevents from unwanted outliers if any. 8)For News Based Traders Here, is a snippet from ET on exit polls and how biased those exit poll figures are. Definitely exit polls have short term impact on markets but nevertheless, stay focused on context rather than exit poll events. Source – Economic Times Overall it is going to be an interesting week as usual going to keep all the investors and traders at the edge of the seat. Weird price movements are always possible in the given scenario. Traders focus on trade setups and give more priority to risk. Over betting or over trading in this scenario help a trader very little than damage it facilitates. Related Readings and ObservationsNifty Futures – Sideways Balancing to Continue? How long this sideways price action in Nifty Futures is likely to continue? I guess the same thing might be running through your mind as well.Nifty Futures Market Profile – Reading Market Generated Information for Apr Expiry April Expiry is near and so lot of expectation from the trading community. India VIX jumped to 24 levels however markets are still moving a very narrow range for this expiry. Nothing much […]Nifty Futures Short term outlook for the Expiry Week On Thursday Nifty Futures opened with the extreme sentiment (gap up). However, Nifty Futures failed to keep the buyer's enthusiasm up and turned towards the previous days low and […]Nifty Futures – Short Term View – 16th Apr 2019 Nifty futures so far in April series moving a very narrow range and 10 day ATR is around 110 levels and volatility is on the falling side. Nifty Futures April 2019 – Short term Outlook Nifty Futures Friday Sentiment ended extremely on a 5min timeframe which is not a good sentiment for a follow thro rally. Quick flip supports for Monday coming around 11734. Price started […]Nifty Futures – Extreme Positive Sentiment Nifty currently trading around 11521 in Nifty spot making a one-way rally straight away from 10580 levels made during 19th Feb 2019. Filed Under: Futures and Options Tagged With: Dip buyers, Nifty Futures, State of the Market, Stealth AuctionAbout RajandranRajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies. Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website googletag.cmd.push(function() { googletag.display('div-gpt-ad-1442406933453-0'); }); Email Newsletter Sign up to receive email updates on latest trading strategies , analysis & financial market updates Your Name E-Mail Address We Respect Your Privacy (adsbygoogle = window.adsbygoogle || []).push({}); Premium Access Username:Password:Remember Me Lost your password? Tools For Traders Marketcalls Android App MCX Signals Intraday Signals International Commodities OI Tracker Participation OI Your Broker Market Sentiment Analysis Amibroker Updates Released Algostudio 2.0.0.2 - Amibroker AutoTrading Bridge for Upstox API UsersApril 25, 2019 By Rajandran Leave a CommentVWAP Intraday Trading Strategy: Do Simple Trading Strategies Really Work? [Part4]April 21, 2019 By Rajandran 4 CommentsV-lintra V6 – Bank Nifty Futures Trading System: TradeStudioApril 19, 2019 By Rajandran 1 Comment[Premium] Trading Strategies for Active Traders – May 2019 – Recorded WebinarApril 4, 2019 By Shruthi Hegde 5 CommentsRSI Momentum Trading Strategy : Do Simple Trading Strategies Really Work? [Part3]April 3, 2019 By Rajandran Leave a Comment FacebookGoogle+LinkedInRSSTwitterYouTube
