Today’s Close: 8097 All time High: 9119.20 52 Week Low: 6638.55 Down from All time High: 11.2% Up from 52 week low: 21.96%
My last detailed outlook was on 16th September 2014 NIFTY was 7932.9 – my wordings were “greed is good and its time to be greedy” from then NIFTY made high 9119.2 on 4th March i.e. less than 6 months which is 15% with all twists and turns being updated on twitter and more frequently to subscribers.
In all NIFTY points made during period:
Sep-Dec – 600 points positional 1000 points squeezes
Jan-Apr- 1600 points positional 1500 points squeezes
Net : 4700 points in 6 months which is 780 points per month !!
Moving forward today will be the bottom out day , precise buying commentary on twitter during the day.
Market outlook : NIFTY 8650-8840-9228-9400
Disclaimer : Our blog, twitter are only my views and are never an investment advice.
FII Activity for the Past Week
India VIX(Weekly Change): 11.8875 -0.4775 -3.86%
NIFTY PCR Current Month:1.13
Index PCR: 1.03
Highest Open Interest in NIFTY
Call : 8200(7522600) CE Put : 8000 PE(8427300)
Federal Reserve as expected did nothing, and when it has already stated what it is going to do i.e. start raising rates from early 2015 it’s foolish to expect something new every fed meeting . I know several persons who were extremely panic because of this fed meeting and most of those fearful guys cut their positions at the lows of Thursday’s first 10 minute(I know at least few persons who were holding good long positions since long time and cut that day at bottom ) , but what happened after that you all know well. We in our earlier post has clearly said : It’s time to be greedy and it continues .
As we see 8000 PE and 8200 CE has highest OI so its normal to expect expiry above 8000 and below 8200 . But there is a big but , FII’s are continuous buyers of options and sellers of index future and that is not in small quantity but just for past two weeks it’s 6615 Cr and -2269 Cr respectively . So expiry can give big big move . Which is expiry bet? Definitely few things for Paid Subscribers and can’t give exotic platter in free lunch. For expiry bet the price is 15000/-
Big stocks move coming
There are at least 15 F&O stocks we have identified which are going to give 20-50% move(some in negative direction!! in-spite of positive medium term market outlook) and 6 pure cash stocks which are ready for 30-300% returns . Serious persons may inquire for the same on mail(email@example.com) or WhatsApp