Trade Setup for Monday: Nifty Call Put Ratio from SGX Nifty today – Important things to know before the stock market’s opening bell

Trade setup for Monday: Major benchmark indices Sensex and Nifty ended in positive territory for the third consecutive week on the back of positive global cues and return of FPI buying. Last week, the NSE Nifty gained 2.62 per cent, while in July 2022 it posted a monthly gain of 8.70 per cent. Similarly, the BSE Sensex gained 2.67 per cent in the previous week, while it registered a monthly rise of 8.50 per cent in July 2022. For the week of July 2022 session, the mid-cap index underperformed the NSE Nifty with a gain of 1.01 per cent. The forward drawdown ratio had risen sharply to 2.06:1.

As Dalal Street gears up for the first trading session in August 2022, here we list the key things one should know before the stock market’s opening bell today:

global market signals

Global stocks rose on Friday for their best month since the end of 2020, as traders said a weak US economy could slow the pace of monetary tightening in the US, while the dollar struggled broadly against its rivals. doing. On Wall Street, major benchmark indices ended July 2022 with the biggest gains since April 2020. In the last session of the month, the Dow Jones rallied 0.97 per cent, the Nasdaq 1.88 per cent, the S&P 500 north 1.42 per cent and the smallcap. 2000 ended 0.77 percent higher.

Growth in the euro area economy accelerated in the second quarter of the year, but the sector’s prospects suffer as Russia continues to reduce gas supplies. According to Eurostat, Europe’s statistics office, the 19-member bloc reported a GDP rate of 0.7 percent in the second quarter, beating expectations of 0.2 percent growth. This comes after a GDP rate of 0.5 per cent in the first quarter.

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SGX Nifty Outlook

In Monday morning deals, SGX Nifty is up 48 points from its previous trading session.

nifty technical outlook

“Line chart of Nifty 50 index on a weekly scale indicates that we are in a very strong resistance zone. With four gap up openings in the last ten trading sessions, it would be prudent to take some profits at this level. A weekly close above 17400 will supply this. Will negate the structure and we can see an extension move towards 17800 mark. On the other hand, bears will take a front seat only below 16400 mark. Profit booking is expected till then but we can see some buying on every downside. Aug 2022 Short trading in this market in the month of May may be a bit difficult,” said Mehul Kothari, AVP – Technical Research at Anand Rathi.

nifty call put ratio

Mehul Kothari said that the PCR (Put Call Ratio) of Nifty is above 1.40 mark, which indicates some exhaustion.

bank nifty technical outlook

“Nifty Bank Index dominated the benchmark with a gain of over 12 per cent during the month. The index is now hovering near the 37500 mark which is a potential reversal zone of a bearish harmonic pattern called CYPHER. To the upside; 38000 also a reversal. The area is bearish shark pattern. Thus we expect some profit booking from the area of ​​37500 – 38500 during the coming month. On the downside, 36800 – 36200 may prove to be a key support for this week,” Anand Mehul Kothari of Rathi said.

nifty call option data

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As per the data shown by nseindia.com on July 29 at 3.30 pm, the maximum total open interest was seen at 17300, 17400 and 17500 strikes with total open interest of 83698, 53861 and 86452 contracts respectively. Maximum call open interest additions were seen at the 17200, 17300 and 17500 strikes, with 36208, 44998 and 39576 contracts added respectively. Call unwinding was witnessed at 16900 and 17000 strikes, with 21623 and 10725 contracts short respectively.

nifty put option data

As per the data shown by nseindia.com on 29th July at 3.30 pm, the maximum total Put Open Interest was seen at 17100, 17000 and 16900 strikes with total Open Interest of 80352, 122557 and 96222 contracts respectively. Maximum put open interest additions were seen at the 17100, 17000 and 16900 strikes, with 77106, 101300 and 56048 contracts added respectively. The strikes from 16800 to 17400 saw no major putt openings.

nifty bank call option data

As per the data shown by nseindia.com on July 29 at 3.30 PM, the maximum total open interest was seen at 37700, 37800 and 38000 strikes, with the total open interest being 41896, 36814 and 81032 contracts respectively. Maximum call open interest growth was seen at the 37700 and 38000 strikes, with 35421 and 34731 contracts added respectively. Call unwinding was witnessed at 36900 and 37000 strikes, which shed the contracts of 1942 and 1957 respectively.

nifty bank put option data

As per data shown by nseindia.com on 29th July at 3.30 PM, maximum total Put Open Interest was seen at 37500, 37300 and 37000 strikes with total Open Interest of 61515, 33956 and 67048 contracts respectively. Maximum put open interest additions were seen at 37500 and 37000 strikes, with 46340 and 22595 contracts added respectively. No major put unwinding was observed in strikes ranging from 37000 to 38000 strike.

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fii dii data

As per provisional data available on NSE, Foreign Institutional Investors (FIIs) have bought shares worth a net 1,046.32 crores, while Domestic Institutional Investors (DIIs) have bought shares worth a net 6,721.30 crores as on July 29.

US Bond Yield

The US 10-year bond yield is up 1.07 per cent at 2.670 while the US 30-year bond yield is down 1.70 per cent at 3.028.

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