Welcome to Kya Lag Raha Hai Market, your daily look at NIFTY and BANK NIFTY predictions and market analysis with Abid Hassan from Sensibull. We analyse options trading by tracking candlestick patterns, price action, FII-DII data, support and resistance levels, open interest, option chain moves, trend formations, and risk-reward setups to help you navigate the markets better.
Disclaimer: This content is purely for educational purposes and does not constitute investment advice or stock tips. The aim is to help you understand derivative data, option trading strategies, and technical analysis better.
Chart Analysis
NIFTY:
- Trading near the top of the downward trending channel around 22,700 to 22,800.
- Early signs of resistance forming near this zone.
BANK NIFTY:
- Under key resistance from a prior trendline.
- Struggling to break out cleanly, mirroring NIFTY’s structure.
Options Chain Data: Key Levels
• Too early to take a clear view.
• The market is volatile, and global cues are dominating.
PCR (Put-Call Ratio): No meaningful takeaway right now due to distortion from large open interest at higher calls.
Participant Options Data
| Participant | Calls | Puts | Comment |
|---|---|---|---|
| FII | Long 3L | Long 4L | Balanced |
| Pro | Short 1L | Short 20K | Mildly bearish |
| Client | Short 2L | Short 4.5L | Aggressively bearish |
Summary: FIIs and clients are positioned with more puts, signaling caution. Pros are holding light shorts, indicating limited upside expectation.
FII DII Data Summary: Sensibull
Participant Futures Data
- FII added ₹1,000 crore more in index future shorts.
FII DII Futures and Options Data: Sensibull Analyse
Participant Stock Data
FII Index Futures: Sold ₹1,149 Cr in index futures. OI dropped by 6.7k (Bearish).
FII Options:
-
Call OI change: -2.05L (Bearish)
-
Put OI change: 1.72L (Bullish)
FII Cash: Sold ₹4,358 Cr in cash. (Bearish)
Verdict
- Watch the resistance zone between 22,700 and 22,800.
- If there’s price rejection in this range, fresh shorts can be initiated.
Trade Plan and Approach
- Will look to short if there is weakness near the 22,700–22,800 zone.
- Wait for clear signs of rejection before entering, especially with global volatility in play.
Watch the full analysis video here:
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