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:
- NIFTY at the confluence of an upward trending channel bottom and a downward trending channel top.
- This could be a make or break level, as shown by loss of momentum.
BANK NIFTY:
- BANKNIFTY is going through a series of small indecision candles.
Options Chain Data: Key Levels
- Too early to comment on anything.
PCR (Put-Call Ratio): Too early to comment.
Participant Options Data
| Participant | Calls | Puts | Comment |
|---|---|---|---|
| FII | Long 2L | Long 90k | Medium Bullish |
| Pro | Long 1L | Long 35K | Medium Bullish |
| Client | Short 3L | Short 1.7L | Neutral |
Summary: Clients are neutral with exposure on both sides, while FII and Medium bullish.
FII DII Data Summary: Sensibull
Participant Futures Data
- FII and Pro have almost no exposure.
- Client is short, DII is long.
- FII bought ₹1,400 Cr in futures.
FII DII Futures and Options Data: Sensibull Analyse
Participant Stock Data
FII Index Futures: Bought ₹1,420 Cr in index futures. OI increased by 7.9k (Bullish).
FII Options:
- Call OI change: 2.12L (Bullish)
- Put OI change: 1.34L (Bearish)
FII Cash: ₹51 Cr in cash. (Bullish).
Verdict
- Charts indicate uncertainty – make or break. Derivative data indicates bullishness.
- Option chain too early to comment. So will wait for the weekly close to see what the candle is tomorrow.
Trade Plan and Approach
- No conviction yet. No trades.
Watch the full analysis video here:
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