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Data Trends

NIFTY – For 16th Sep 2021

Important references from Marketprofile to track.

16842F – Single print buying area from 30/8

16926F – Single print buying area from 31/8

17033F – vwap of trend day from 31/8

17154F – PBH from 2/9

17220F – PBL from 3/9

17472F – VWAP of trend day from 8/9

Note: When market tests these levels and show the expected behaviour i.e. holding a support or not crossing a resistance that combined with a datapoint becomes a valid trigger for a trade.

Important references from Open Interest data to track

17309-17296F levels there is a good PE writing and CE buying from 13/9 and can act as weekly support. Acceptance below 17296F for one more time calls for a test of 17191F for anomaly repair.

17472 is the support going forward and for tomorrow expiry as well.

Note : These references are from the open interest data and data across the strikes from current weekly expiry is considered for these references.

Call and Put Activity of 15th September 2021

Day started on a good positive note and had an opening drive towards the weekly upper range extreme and PBH of 17436F, after that it made extensions for the remaining part of the day and had a trend day up.

Heavy PUT writers were seen right from the opening tick and expiry is going to be on the positive note tomorrow because of this. Expiry will be > 17472F as per the data of today.

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