Market Trade Setup: On October 3, there was a rapid trend in the Nifty. It rose by 0.2 percent with more than average volume. The Nifty remained above 100-Day EMA. A green candle was built on the daily chart. The market sentiment has improved. However, Momentum Indicators still need to show fast crossover. At the same time, the Nifty has to cross the mid -line of the Bollinger band to continue her own to her.
Here you are giving some such figures on the basis of which you will be able to catch profitable deals.
Support and registration level for nifty
Support based on Pivot Point: 24,789, 24,752 and 24,692
Registration based on Pivot Point: 24,909, 24,946 and 25,006
Bank nifty
Registration based on pivot points: 55,629, 55,732 and 55,900
Support based on pivot points: 55,293, 55,189 and 55,021
Registration based on Fibonacci Retress: 56,075, 56,758
Fibonacci Retress based support: 54,967, 54,698
Nifty call option data
A maximum call of 1.27 crore contract has been seen open interest on a strike of 25,000 on a weekly basis, which will work as important registration level in the coming business sessions.
Nifty put option data
On a strike of 24,800, a maximum put of 1.4 contract has been seen open interest which will work as important support level in the coming business sessions.
Bank Nifty Call Option Data
Bank Nifty has seen a maximum call open interest of 21.09 lakh contracts on a strike of 57,000, which will work as important registration levels in the coming business sessions.
Bank Nifty put option data
On a strike of 55,000, a maximum of 14.43 lakh contracts have been seen open interest, which will work as important registration levels in the coming business sessions.
FII and DII Fund Flow
Fear Index India Vix fell in the fourth consecutive season and remained below its short and mid -term moving average. This is a sign of a favorable environment for the stunning. On Friday, VIX declined by 2.21 per cent and closed at 10.06, the lowest level since September 19.
Call call ratio
The Nifty Put-Call Ratio, which depicted the market mood, fell to 1.17 on October 03, while it was at 1.18 levels in the previous session. Significantly, the departure of PCR above 0.7 or 1 cross PCR is generally considered a sign of boom. Whereas the ratio falling below 0.7 or 0.5 is a sign of recession.
Stock under F&O Bain
The F&O segment includes the restricted securities that include the derivative contract market wide position limit to more than 95 per cent.
Stock involved in F&O ban: no one
Stock already involved in F&O ban: RBL Bank
Stock removed from F&O ban: no one
Disclaimer: The ideas given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Money control advises users to seek the advice of certified experts before taking any investment decision.