CUES FOR MARCH 31

-------VIX closed at 40.25 breaking downward trendline. so volatility will be very high in coming days.

CUES-

--Nifty April future premium decreased to 10 points so cost of carry decreased.
--Nifty open interest decreased by 19 lacs suggests long unwinding.
--Nifty call option added 26 lacs and put option added 29 lacs.
--Put-Call Ratio decreased to 1.48.
--2900 puts had open interest of 44 lacs, so it will be important level to watch for.
--implied volatility decreased by 100 basis points suggests stability.
--India VIX closed at 40.25, increased by 8% suggests instability and uncertainity.
--US markets closed in red.
--Asian markets trading negative.
--Sgx nifty trading at 2999. (up 4)

--Positional strategy for nifty—Neutral. (trade intraday only)

CUES FOR MARCH 30

CUES-

--Nifty April future discount converted to premium of 16 points so cost of carry increased.
--Nifty open interest increased by 12 lacs suggests long addition.
--Nifty call option added 32 lacs and put option added 43 lacs.
--Put-Call Ratio decreased to 1.51.
--implied volatility increased by 100 basis points suggests instability.
--India VIX closed at 37.14, increased by 1% suggests instability.
--US markets closed in red.
--Asian markets trading negative.
--Sgx nifty trading at 3079. (down 47)

--Positional strategy for nifty—Hold Long with closing stop loss at 2987. (Initiated at 2794)
Visit http://niftydoctor.blogspot.com/2009/01/trading-strategy-for-positional-calls.html

CUES FOR MARCH 27

---------Nifty is trading in a rectangle on closing basis since 6 months.
---------so level of 3150-3180 will be important resistance on closing basis.

---------India VIX closed at 36.93, up 33% suggests that volatility and uncertanty will be high in coming days.

CUES-

--Nifty April future premium converted to discount of 1 points so cost of carry decreased.
--Nifty open interest decreased by 108 lacs suggests long unwinding.
--New series begins with Put-Call Ratio of 1.6.
--implied volatility increased suggests instability.
--India VIX closed at 36.93, increased by 31% suggests instability and uncertainty.
--US markets closed in green.
--Asian markets trading mixed.
--Sgx nifty trading at 3070. (up 6)

--Positional strategy for nifty—Hold Long with closing stop loss at 2940. (Initiated at 2794)
Visit http://niftydoctor.blogspot.com/2009/01/trading-strategy-for-positional-calls.html

CUES FOR MARCH 26

CUES-

--Nifty March future discount increased to 1.3 points so cost of carry decreased.
--Nifty open interest increased by 47 lacs suggests short addition.(nifty total open interest is of 4.76cr which is dangerous)
--Nifty call option added 15 lacs and put option added 29 lacs.
--Put-Call Ratio increased to 1.82.
--implied volatility decreased by 500 basis points suggests stability.
--India VIX closed at 28.18, decreased by 23% suggests stability.
--US markets closed in green.
--Asian markets trading positive.
--Sgx nifty trading at 3004. (up 11)

--Positional strategy for nifty—Hold Long with closing stop loss at 2882. (Initiated at 2794)
Visit http://niftydoctor.blogspot.com/2009/01/trading-strategy-for-positional-calls.html

CUES FOR MARCH 25

CUES-

--Nifty March future discount decreased to 1.05 points so cost of carry increased.
--Nifty open interest increased by 22 lacs suggests long addition.(nifty total open interest is of 4.29cr which is dangerous)
--Nifty call option added 5 lacs and put option added 24 lacs.
--Put-Call Ratio increased to 1.81.
--implied volatility increased by 400 basis points suggests uncertainty.
--India VIX closed at 36.85, decreased by 2% suggests stability.
--US markets closed in red.
--Asian markets trading mixed.
--Sgx nifty trading at 2931. (up 15)

--Positional strategy for nifty—Hold Long with closing stop loss at 2832. (Initiated at 2794)
Visit http://niftydoctor.blogspot.com/2009/01/trading-strategy-for-positional-calls.html

CUES FOR MARCH 24

CUES-

--Nifty March future discount decreased to 1.5 points so cost of carry increased.
--Nifty open interest increased by 33 lacs suggests long addition.(nifty total open interest is of 4.07cr which is dangerous)
--Nifty call option shed 15 lacs and put option added 63 lacs.
--Put-Call Ratio increased to 1.78.
--implied volatility increased by 700 basis points suggests uncertainty.
--India VIX closed at 37.63, increased by 8% suggests instability.
--US markets closed in green.
--Asian markets trading strong.
--Sgx nifty trading at 2978. (up 33)

--Positional strategy for nifty—Hold Long with closing stop loss at 2784. (Initiated at 2794)
Visit http://niftydoctor.blogspot.com/2009/01/trading-strategy-for-positional-calls.html

CUES FOR MARCH 23

CUES-

--Nifty March future discount decreased to 5 points so cost of carry increased.
--Nifty open interest increased by 7 lacs suggests long addition.
--Nifty call option added 7 lacs and put option added 5 lacs.
--Put-Call Ratio decreased to 1.59.
--2700 puts had open interest of 76 lacs, so 2700 will be imp level to watch for.
--implied volatility decreased by 200 basis points suggests stability.
--India VIX closed at 34.86, decreased by 3% suggests stability.
--US markets closed in red.
--Asian markets trading strong.
--Sgx nifty trading at 2847. (up 39)

--Positional strategy for nifty—Hold Long with closing stop loss at 2766. (Initiated at 2794)

CUES FOR MARCH 20

CUES-

--Nifty March future discount decreased to 6 points so cost of carry increased.
--Nifty open interest increased by 2 lacs suggests long addition.
--Nifty call option shed 0.3 lacs and put option added 13 lacs.
--Put-Call Ratio increased to 1.61.
--2700 puts had open interest of 80 lacs, so 2700 will be imp level to watch for.
--implied volatility increased by 100 basis points suggests instability.
--India VIX closed at 35.98, decreased by 4% suggests stability.
--US markets closed in red.
--Asian markets trading mixed.
--Sgx nifty trading at 2776. (down 24)

--Positional strategy for nifty—Hold Long with closing stop loss at 2754. (Initiated at 2794)