CUES FOR JULY 10

CUES-

--Nifty July future discount decreased to 7 points so cost of carry increased.
--Nifty open interest decreased by 7 lacs suggests short covering. (Total OI now at 2.27cr)
--Nifty calls added 29 lacs and puts added 20 lacs in open interest.
--Nifty open interest put-call ratio is at 0.83.
--4000 puts had open interest of 47 lacs and 4300 calls had open interest of 40 lacs, so 4000 and 4300 will be important levels to watch for.
--India VIX closed at 36.64, decreased by 2% suggests stability.
********Positional strategy for nifty—
---IDEAL STRATEGY— HOLD SHORT.
---CLOSING STOPLOSS FOR LONG—4085.
---CLOSING STOPLOSS FOR SHORT—4184.

breakdown???????

CUES FOR JULY 8

*****NIFTY CHART******

(Disclaimer---our clients are having short open position in nifty and dlf)

CUES-

--Nifty July future discount decreased to 11 points so cost of carry increased.
--Nifty open interest decreased by 4 lacs suggests short covering. (Total OI now at 2.29cr)
--Nifty calls added 1.3 lacs and puts added 1.5 lacs in open interest.
--Nifty open interest put-call ratio is at 0.86.
--3800 puts had open interest of 39 lacs and 4300 calls had open interest of 38 lacs, so 3800 and 4300 will be important levels to watch for.
--India VIX closed at 36.17, decreased by 9% suggests stability.

********Positional strategy for nifty—
---IDEAL STRATEGY— HOLD SHORT.
---CLOSING STOPLOSS FOR LONG—4196.
---CLOSING STOPLOSS FOR SHORT—4382.

CUES FOR JULY 7

CUES-

--Nifty July future premium converted in to discount of 12 points so cost of carry decreased.
--Nifty open interest increased by 6 lacs suggests short addition. (Total OI now at 2.33cr)
--Nifty calls added 62 lacs and puts added 1.5 lacs in open interest.
--Nifty open interest put-call ratio is at 0.86.
--3800 puts had open interest of 38 lacs and 4300 calls had open interest of 35 lacs, so 3800 and 4300 will be important levels to watch for.
--India VIX closed at 39.89, decreased by 13% suggests stability.

********Positional strategy for nifty—
---IDEAL STRATEGY— INITIATE SHORT.
---CLOSING STOPLOSS FOR LONG—4240. (Stopped out)
---CLOSING STOPLOSS FOR SHORT—4433.

CUES FOR JULY 6

********weekly chart********

********daily chart*********
CUES-

--Nifty July future discount converted into premium 0.4 points so cost of carry increased.
--Nifty open interest decreased by 2 lacs suggests short covering. (Total OI now at 2.26cr)
--Nifty calls added 42 lacs and puts added 63 lacs in open interest.
--Nifty open interest put-call ratio is at 0.99.
--4200 puts had open interest of 38 lacs and 4500 calls had open interest of 24 lacs, so 4200 and 4500 will be important levels to watch for.
--India VIX closed at 45.86, increased by 4.5% suggests instability.
-- US markets closed.

********Positional strategy for nifty—
---IDEAL STRATEGY— HOLD LONG.
---CLOSING STOPLOSS FOR LONG—4279.
---CLOSING STOPLOSS FOR SHORT—4393.(Stopped out)

CUES FOR JULY 3

CUES-

--Nifty July future discount increased 3 point so cost of carry decreased.
--Nifty open interest decreased by 0.2 lac suggests long unwinding. (Total OI now at 2.28cr)
--4200 puts had open interest of 30 lacs and 4500 calls had open interest of 22 lacs, so 4200 and 4500 will be important levels to watch for.
--India VIX closed at 43.88, increased by 1.6% suggests instability.
-- US markets closed in red.
--Asian markets trading negative.
--Sgx nifty trading at 4291. (Down 42)

********Positional strategy for nifty—
---IDEAL STRATEGY— HOLD LONG.
---CLOSING STOPLOSS FOR LONG—4269
---CLOSING STOPLOSS FOR SHORT—4391.

CUES FOR JULY 2

CUES-

--Nifty July future discount increased 2.5 point so cost of carry decreased.
--Nifty open interest increased by 4 lacs suggests short addition. (Total OI now at 2.28cr)
--Nifty calls added 15 lacs and puts added 18 lacs in open interest.
--Nifty open interest put-call ratio is at 0.92.
--4200 puts had open interest of 26 lacs and 4500 calls had open interest of 20 lacs, so 4200 and 4500 will be important levels to watch for.
--India VIX closed at 43.15, increased by 1.5% suggests instability.
-- US markets closed in green.
--Asian markets trading mixed.
--Sgx nifty trading at 4341. (Up 2)

********Positional strategy for nifty—
---IDEAL STRATEGY— HOLD LONG.
---CLOSING STOPLOSS FOR LONG—4289
---CLOSING STOPLOSS FOR SHORT—4410.

cues for july 1

CUES-

--Nifty July future discount increased 1.5 point so cost of carry decreased.
--Nifty open interest increased by 8 lacs suggests short addition. (Total OI now at 2.24cr)
--Nifty calls added 20 lacs and puts added 18 lacs in open interest.
--Nifty open interest put-call ratio is at 0.91.
--4200 puts had open interest of 26 lacs and 4500 calls had open interest of 19 lacs, so 4200 and 4500 will be important levels to watch for.
--India VIX closed at 42.54, increased by 6% suggests instability.
-- US markets closed in red.
--Asian markets trading mixed.
--Sgx nifty trading at 4319. (Up 17)

********Positional strategy for nifty—
---IDEAL STRATEGY— HOLD LONG.
---CLOSING STOPLOSS FOR LONG—4287.
---CLOSING STOPLOSS FOR SHORT—4417.