2
Golden Rules for Traders:
1. Decide your rules for risk management and entry - exit points for
profit as well as loss.
2. Never lose more than 1 % to 2% of your trading capital on any one trade.
3. Know your limits so don’t trade with money you can’t afford to lose.
4. Trade in the direction of the trend in your trading time frame.
5. Only look for low risk/high reward trades or high probability set up. When you do not have any signals, do not trade.
6. Trade your plan, your system, your signals, the chart and price, action and not your opinions, bias or predictions.
7. Find a trading methodology that fits your personality.
8. Your risk management rules will determine the success of your technical trading system.
9. The size of your wins and losses determines your trading success.
10. There’s no one rule to success in options. Keep reviewing your assessment horizon incorporating macro and micro factors.
3
DAILY NIFTY
Benchmark indices ended lower for the fourth consecutive day on July 23 as it remained
volatile throughout the day with Nifty failed to hold above 11,350 level. Nifty 50 future
formed a spinning bottom shaped candle on the daily chart.
At close, the Sensex was down 48.39 points at 37,982.74, while Nifty was down 15.20
points at 11,331. About 1170 shares have advanced, 1259 shares declined, and 168 shares
are unchanged.
Among sectors, PSU banks dragged 3 percent followed by auto, metal, pharma, while
buying seen in the FMCG, energy, infra and IT.
Nifty 50 chart
The Nifty 50 chart has the following Pivot points:
Pivot Points -Nifty 50 (Daily)
Name S3 S2 S1
Pivot Points
R1 R2 R3
Classic 11215.8 11263.7 11312 11359.85 11408.2 11456.1 11504.35
Fibonacci 11263.7 11300.4 11323.1 11359.85 11396.6 11419.3 11456.05
Camarilla 11333.8 11342.6 11351.4 11359.85 11369.1 11377.9 11386.71
Woodie's 11216 11263.8 11312.2 11359.95 11408.4 11456.2 11504.55
DeMark's - - 11287.8 11347.75 11384 - -
4
BANK NIFTY
The Nifty Bank Future fell 192.80 points (-0.65%) and at 29263.20 as it fell
consecutively for the last four days, clearly portraying the control of bears over the
index.
The Bank Nifty chart has the following Pivot points
Pivot Points - Bank Nifty (Daily)
Name S3 S2 S1
Pivot Points
R1 R2 R3
Classic 28769.9 29017.5 29203.6 29451.1 29637.2 29884.8 30070.85
Fibonacci 29017.5 29183.1 29285.5 29451.1 29616.8 29719.1 29884.75
Camarilla 29270.4 29310.2 29349.9 29451.1 29429.4 29469.2 29508.9
Woodie's 28739.2 29002.1 29172.8 29435.75 29606.5 29869.4 30040.13
DeMark's - - 29110.5 29404.6 29544.2 - -
5
The Most Active Contact:
Index Option
Contract Name LTP
() CHG (%) OI Value
NIFTY - 25-Jul-2019 CE 11400.00 32.5 -57.65 2,951,025 43,133.87
NIFTY - 25-Jul-2019 PE 11300.00 36.5 25.65 4,145,475 41,158.63
BANKNIFTY - 25-Jul-2019 PE 29000.00 79.15 102.17 703,400 38,237.38
NIFTY - 25-Jul-2019 CE 11500.00 9.6 -71.17 3,249,000 34,478.15
BANKNIFTY - 25-Jul-2019 CE 29500.00 125 -67.11 474,960 31,154.59
Stock Option
Contract Name LTP
() CHG (%) OI Value
RELIANCE - 25-Jul-2019 CE 1300.00 6.4 -6.57 3,535,000 2,032.90
RELIANCE - 25-Jul-2019 CE 1280.00 13.6 18.26 1,530,500 1,884.11
RELIANCE - 25-Jul-2019 CE 1260.00 25.2 34.04 836,500 1,458.16
RELIANCE - 25-Jul-2019 PE 1240.00 3.15 -82.35 1,229,000 1,426.66
SBIN - 25-Jul-2019 CE 360.00 1.2 -56.36 6,543,000 1,127.00
6
Positional Build-up
Long Build-Up
Index Option
Contract Name LTP()
CHG (%)
OI Volume
BANKNIFTY - 25-Jul-2019 PE 29000.00 75.1 4.09 724,460 17,595,720
BANKNIFTY - 25-Jul-2019 PE 29200.00 149.3 24.62 268,320 13,988,740
BANKNIFTY - 25-Jul-2019 CE 32900.00 1.25 47.06 520 111,460
NIFTY - 25-Jul-2019 PE 12000.00 653.5 3.66 432,375 295,050
NIFTY - 25-Jul-2019 CE 11050.00 310 6.4 825 300
Stock Option
Contract Name LTP()
CHG (%)
OI Volume
JUBLFOOD - 25-Jul-2019 CE 1220.00 29.7 64.54 68,000 295,000
KOTAKBANK - 25-Jul-2019 PE 1100.00 0.9 28.57 800 2,000
PNB - 25-Jul-2019 PE 65.00 0.25 400 1,197,000 952,000
LT - 25-Jul-2019 PE 1380.00 24.2 30.81 177,000 677,250
IGL - 25-Jul-2019 CE 300.00 19 10.79 38,500 8,250
Short Build-Up
Index Option
Contract Name LTP()
CHG (%)
OI Volume
BANKNIFTY - 25-Jul-2019 PE 28900.00 49 -8.92 178,960 6,293,900
NIFTY - 25-Jul-2019 PE 10600.00 0.9 -30.77 91,200 44,475
BANKNIFTY - 25-Jul-2019 CE 29500.00 37.3 -72.4 836,680 18,383,220
BANKNIFTY - 25-Jul-2019 PE 28800.00 32.5 -21.5 176,360 6,268,660
NIFTY - 25-Jul-2019 CE 11450.00 5.9 -69.74 1,743,750 22,209,900
Stock Option
Contract Name LTP()
CHG (%)
OI Volume
PNB - 25-Jul-2019 CE 72.50 0.15 -83.33 1,274,000 7,189,000
SRTRANSFIN - 25-Jul-2019 CE 1000.00 10.4 -82.52 35,400 117,600
INFY - 25-Jul-2019 CE 830.00 0.3 -14.29 200,400 848,400
BIOCON - 25-Jul-2019 CE 265.00 0.05 -80 559,800 41,400
TITAN - 25-Jul-2019 PE 1080.00 3.9 -61.58 240,000 972,750
7
Put-Call Ratio
Symbol Put Call Total Ratio
NIFTY-31-Dec-2020 4,972,950 17,475 4,990,425 284.58
BANKNIFTY-26-Sep-2019 50,440 900 51,340 56.04
INFY-26-Sep-2019 1,830,000 63,600 1,893,600 28.77
NIFTY-25-Jun-2020 5,383,000 243,000 5,626,000 22.15
NIFTY-30-Dec-2021 869,775 78,900 948,675 11.02
Best Call & Put Option For Next
Trading Session
Option CALL/PUT Strike Price Level Target 1 Target 2 Stop Loss
KOTAK BANK CALL 1480 20.50 28 35.5 13
ADANI PORTS PUT 410 9.90 8.7 7.5 11.1
8
STOCK IN NEWS
Just Dial shares gain 3% as brokerages remain positive
after Q1 earnings.
Mastek slips 10% on poor Q1 numbers.
Indian Overseas Bank narrows Q1 loss to Rs 342 cr, asset
quality weakens.
Yes Bank shares fall 4% after 2 promoters create pledge
on entire stake.
Pricing worry for Hindustan Zinc, but cash offers comfort.
TVS Motors Q1 – Decent show amid industry woes,
valuation lofty.
Alembic Pharmaceuticals gains 2% on USFDA approval
for Dapagliflozin tablets.
Va Tech Wabag gains 6% on winning order worth Rs
1,187 crore.
Cupid locked at 20% upper circuit on strong Q1 show.
9
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