NISHANT NIFTY & BA
Author: Nishant Kulkarni ( nishantndk@yahoo.com ) http://www.myinvestmentmanager.com
NIFTY 5137.7 INDIA VIX 24.9
BANKNIFTY 9880.75 INDIA VIX % -5.32%
CNX IT 6067.25 PCR OI 1.61
NIFTY AD R 24 PCR VOL 1.11
BANK AD R 0 DEC NIFTY IS AT PREMIUM OF 9.95
TRADE NEXT SESSION ? YES BANKNIFTY IS AT PREMIUM OF 6.25
7-Jan-2012 1:56 AM NIFTY & BANKNIFTY FUTURES INTRADAY
Ticker Expiry Price Alert Details
NIFTY 25-Oct-11 5147.65 LONG LONG @ 5145 S/L 5124 Target 5181
NIFTY 24-Nov-11 5166.15 LONG LONG @ 5159 S/L 5138 Target 5195
NIFTY 29-Dec-11 5184.45 LONG LONG @ 5173 S/L 5152 Target 5209
BANKNIFTY 25-Oct-11 9887.00 LONG LONG @ 9833 S/L 9804 Target 9882
BANKNIFTY 24-Nov-11 9905.00 LONG LONG @ 9843 S/L 9814 Target 9893
BANKNIFTY 29-Dec-11 9892.35 LONG LONG @ 9869 S/L 9840 Target 9918
NIFTY OPTIONS INTRADAY INTERPRETATION FOR CONTRACT WITH EXPIRY 25-Oct-201
TYPE Strike Price Price Alert Profit
CALL 5000 148.7 LONG LONG @ 87, S/L 76, Target 113 61.7
PUT 5200 69.25 SHORT SHORT @ 150, S/L 165, Target 119 89.75
NEXT DAY PREDICTION (Click Calculate for BTST/STBT any time. A BTST/STBT can trigger even at 2 PM as well
PREDICTING ON
Ticker Expiry OI Change TREND BTST/STB
NIFTY 25-Oct-11 -3217250 BULLISH SHORT UNWINDING STBT
BANKNIFTY 25-Oct-11 -138325 BULLISH SHORT UNWINDING STBT
Visit Help Section for brief usage information of NEXT DAY PREDICTION.
Type Ticker Expiry Open High Low
FUTIDX NIFTY 25-Oct-11 5130.1 5157.35 5121.15
FUTIDX NIFTY 24-Nov-11 5135.55 5174.85 5135.55
FUTIDX NIFTY 29-Dec-11 5149 5192 5149
FUTIDX BANKNIFTY 25-Oct-11 9799.7 9910 9799.7
FUTIDX BANKNIFTY 24-Nov-11 9822 9917.1 9810
FUTIDX BANKNIFTY 29-Dec-11 9835.6 9910 9835.6
No Entry Before 9.30 AM and After 3.00 PM AND No Entry once target is near to achieve. No data will appear in sheet 1
market start and 10 min after market start. This is normal.
Macro and Automatic data fetch must be enabled, else system will not work.
Important :
SHORT Condition : All indicators, Trends are RED, BEARISH, DOWN and price moves up triggering entry price. If sto
reverse trade according to strategy in Help section. Wait for New Short trigger and reenter to cover loss. S
LONG Condition : All indicators sugest GREEN, BULLISH, UP and price moves down after triggering entry point. If sto
not reverse trade. In other word, do not go against trend.
Important :
SHORT Condition : All indicators, Trends are RED, BEARISH, DOWN and price moves up triggering entry price. If sto
reverse trade according to strategy in Help section. Wait for New Short trigger and reenter to cover loss. S
LONG Condition : All indicators sugest GREEN, BULLISH, UP and price moves down after triggering entry point. If sto
not reverse trade. In other word, do not go against trend.
Disclaimer: www.myinvestmentmanager.com is not a registered Investment Adviser or a Broker/Dealer. The trading of
be suitable for all potential users of the Service. You should be aware of the risks inherent in the stock market. Past p
not guarantee or imply future success. You cannot assume that profits or gains will be realized. The purchase of secu
the Service may result in the loss of some or all of any investment made. We recommend that you consult a stockbrok
advisor before buying or selling securities, or making any investment decisions. You assume the entire cost and risk
and/or trading you choose to undertake.
NISHANT NIFTY & BANKNIFTY TRADING SYSTEM FOR NSE WITH DATA V21.1
.myinvestmentmanager.com Options Analysis
OI TREND UP Strike Interpretation TREND Price T LTP
MID TERM TREND UP 4600 SHORT UNWIND BULLISH UP 547
INTRADAY TREND UP 4700 SHORT UNWIND BULLISH UP 445.65
PRE-DISC TREND UP 4800 SHORT UNWIND BULLISH UP 344.6
OPTIONS TREND UP 4900 SHORT UNWIND BULLISH UP 245
OPT PRICE TREND UP 5000 SHORT UNWIND BULLISH UP 148.7
CALL
OPT OI TREND DOWN 5100 SHORT UNWIND BULLISH UP 68.1
URES INTRADAY 5200 LONG BUILD BULLISH UP 19.6
Profit P/L 5300 LONG BUILD BULLISH UP 2.5
arget 5181 2.65 PROFIT 5400 SHORT BUILD BEARISH DOWN 0.4
arget 5195 7.15 PROFIT 5500 LONG UNWIND BEARISH DOWN 0.35
arget 5209 11.45 PROFIT 5600 SHORT BUILD BEARISH DOWN 0.2
arget 9882 54 PROFIT
arget 9893 62 PROFIT 4600 SHORT UNWIND BEARISH DOWN 0.5
arget 9918 23.35 PROFIT 4700 SHORT BUILD BULLISH DOWN 0.55
25-Oct-2011 4800 SHORT BUILD BULLISH DOWN 0.7
P/L 4900 SHORT UNWIND BEARISH DOWN 1.25
PROFIT ALL THE BEST 5000 SHORT BUILD BULLISH DOWN 4.6
PUT
PROFIT 5100 SHORT BUILD BULLISH DOWN 22.1
5200 SHORT BUILD BULLISH DOWN 69.25
can trigger even at 2 PM as well) Experimental 5300 SHORT BUILD BULLISH DOWN 152.25
PREDICTING ON 5400 SHORT UNWIND BEARISH DOWN 248.3
BTST/STBT 5500 SHORT UNWIND BEARISH DOWN 350.7
STBT 5600 SHORT UNWIND BEARISH DOWN 445.3
STBT NIFTY ADV 48
DAY PREDICTION. NIFTY DEC 2 TOTAL OI CALL
Last Prev Close Volume BANKNIFTY ADV 12 TOTAL OI CHANGE CALL
5147.65 5054 161660 BANKNIFTY DEC 0 TOTAL OI PUT
5166.15 5074.05 82984 TOTAL OI CHANGE PUT
5184.45 5090.5 1646
9887 9687.05 19447
9905 9700.4 10948
9892.35 9707.45 74
e. No data will appear in sheet 10 min before
up triggering entry price. If stop loss hits, do not
ger and reenter to cover loss. Similarly,
after triggering entry point. If stop loss triggers, do
inst trend.
up triggering entry price. If stop loss hits, do not
ger and reenter to cover loss. Similarly,
after triggering entry point. If stop loss triggers, do
inst trend.
a Broker/Dealer. The trading of securities may not
ent in the stock market. Past performance does
realized. The purchase of securities discussed by
nd that you consult a stockbroker or financial
ssume the entire cost and risk of any investing
Options Analysis
Change OI T OI Change OI Price Ch % OI Ch %
94.35 DOWN 78400 -8750 17.25 -11.16
90.25 DOWN 153350 -24600 0.9 -16.04
84.95 DOWN 826050 -22950 0.85 -2.78
85.05 DOWN 694600 -67150 0.85 -9.67
65.1 DOWN 3070600 -759800 0.65 -24.74
34.85 DOWN 5335850 -324000 0.35 -6.07
9.75 UP 9150300 585100 0.1 6.39
0.35 UP 6431400 246450 0 3.83
-0.3 UP 3947400 45950 0 1.16
-0.1 DOWN 1873950 -11650 0 -0.62
-0.15 UP 1062600 9450 0 0.89
-1.05 DOWN 2922150 -173250 -0.01 -5.93
-2.6 UP 6389350 39250 -0.03 0.61
-5.9 UP 7726900 52050 -0.06 0.67
-12.5 DOWN 6379800 -162150 -0.13 -2.54
-29.05 UP 6268200 186700 -0.29 2.98
-57 UP 4986850 1345900 -0.57 26.99
-85.15 UP 2616900 1454450 -0.85 55.58
-91 UP 195250 16800 -0.91 8.6
-96.05 DOWN 97950 -3750 -0.96 -3.83
-90.45 DOWN 172800 -12300 -0.9 -7.12
-96.45 DOWN 106750 -10150 -0.96 -9.51
TOTAL OI CALL 34,787,650
TOTAL OI CHANGE CALL -492,850
TOTAL OI PUT 56,133,400
TOTAL OI CHANGE PUT 2,554,400
1
2
3
4
5
6
7
8
The Excel Autorefreshes every 2 minutes. System uses free data evailable in the internet, and hence the
data is approximately 3 minute delayed. I actualy found this delay beneficial as gives time to validate
decision. There is a Refresh button on System Sheet. The button can be pressed to fetch data at that time
as well. This helps in doing one round of validation before entering trade. No need to keep pressing
The system expects good internet speed, min 256 KBPS.
Right hand side, Nifty Options Trend is calculated
The System calculates many types of trends.
The system only works with Microsoft Excel. Macro and Data Fetch must be enabled.
Excel will not have any data available from 9 AM to 9.25 AM on trading days. This is normal.
The system is desigend to trade in NIFTY Futures, BANKNIFTY Futures and NIFTY Options. The system does
not provie any analysis for other stocks or instruments.
Trading Rule
1. Monday, Friday and Expiry Day no new trade before 9.45 AM and after 2.30 PM. (Better would be not before 10 AM and af
2. Other days, no new trade before 9.30 AM and after 2.30 PM
3. The system is designed keeping in mind price and trend must align. When they do not, do not trade. In other
words, when alert triggered price already moved ahead. This means the price did not move along with trade.
This is riky situation, hence better avoid. Best possible trade is when trend is confirmed. Price is still to reach
4. E.g. of point 3. Say at 9.30 LONG at 5075 alert came, but price is already reached 5090. do not trade. As
when trend is confirmed, price already moved up. Similarly for SHORT. What I am trying to say is, if you miss
the alert entry, leave it. You will have enough opportunities to enter the trade. Hence if you miss the BUS, wait
5. Strict stop loss must be maintained.
6. Stop Loss rule. E.g. say SHORT alert came at 5050 with stop loss 5075. Now suddenly market reversed and
price started moving towards stop loss, what should we do? Simple check if SHORT alert converted into
LONG? Or in other words, trend changed from DOWN to UP every where and BEARISH to BULLISH. In simple
workds see if excel is showing more green color than red. If so, double the trade quantity for stop loss and exit
covering loss. In such situation say we had shorted 1 lot Nifty. Then 2 lots at stop loss if trend change is
observed. And stop loss of this extra 1 lot will be 5050, and this lot is LONG trade with target 5100 and exit.
Now oher case, stop loss triggered, but trend remains same in excel, and price is yet to trigger trade according
7. The same rule is applied for Options intraday alert as well.
8. Non risky traders, can close the trade at specified target and once target is achived, no further trade for day.
9. Non risky trades, once the target is near to achieve, change the stop loss to brought price + brokerage and
10. BTST/STBT . This is experimental. However I believe BTST/STBT entry can trigger at any point of day. Like
a BTST / STBT call can trigger at 1 PM as well. Hence keep clicking Calculate buttom regularly with 15 min
interval to check any entry for BTST/STBT is triggered. This feature is still under development. Hence errors are
11. Strict Rule : Using system do min 2 month paper trading. Be honest with paper trades and at the
end of 2 months, verify your paper trades. If you feel you have gained enough confidence and trades
are profitable, slowly very less amount start trading. If you still feel not comfirtable, take another month
12. Strict Rule: When in doubt, do not trade.
13. Do not mix systems for trading. It is observed that following to many systems, actually creates more
confusion. Hence practice with identified system and if found working, thing of using it for real trades
14. TRADE NEXT DAY? Is a volatility calculator, recomends whether it is good to trade next day or not. In other
words, this flag cautions you of extreme volatility next day, and hence better no to trade next day. Hence if trade
next flag today if YES, then only trade next day. The limitation of this flag is it does always say trade next day.
17. intraday LONG and STBT/BTST has STBT. means expecting tomorrow to open low. Intraday is always
precedence for today and BTST/STBT for tomorrow. Means let the market give intraday long targets. at targets
16. The user of this sytstem accepts the Disclaimer on the front page and will use at own risk.
not before 10 AM and after 2.30 PM)
SL NO
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
How to use this system
Disclaimer: www.myinvestmentmanager.com is not a registered Investment Adviser or a Broker/Dealer. The
trading of securities may not be suitable for all potential users of the Service. You should be aware of the risks
inherent in the stock market. Past performance does not guarantee or imply future success. You cannot assume
that profits or gains will be realized. The purchase of securities discussed by the Service may result in the loss of
some or all of any investment made. We recommend that you consult a stockbroker or financial advisor before
Introduction: The purpose of this system to consolidate all the data points of stock market and provide small
investors a handy tool to help investing & trading in stock market. Most of the traders & investors loose money by
believing on speculations and not doing own home work. The system is developed with a intention before putting
money in stock market, carefully analyze the trend and then trade. This will not assure 100% profit, but will try to
The excel uses freely available data in the internet and the data is delayed by approximately 3 minutes. Not to
worry, this delay actually found helping confirming market direction and then take necessory decision
It is not recommended to trade before 15 minutes of market open and 30 minute before market closer. Means do
The system is designed to help trade in Nifty and Bank Nifty future. Trading in futures involves high risk. Hence
strict stop loss and careful analysis is recommended
The purpose of stop loss is to protect from heavy loss. But logically when stop loss hits? The answer is when
market goes against our analysis. Hence I recommend use the stop loss not only to restrict the loss, but to
recover the loss and not to make profit. E.g. If intraday alert is LONG @ 5000 S/L 4975 Target 5030. In this case,
asume if you are trading in 1 (one) lot and entry is triggered at 5000. Once entry is triggered, place stop loss of
two lots. Meaning of this is, close the long call in case stop loss hits, and go short at stop loss. The target for this
Short entry is 4950. Just to cover loss. and stop loss is entry price os LONG, which is 5000. The moment target
The Positional System is still in development. In real time testing and back testing found working, hence sharing
with all as is basis. However when most trend signals are green, taking long position is less risky. At least
This system uses web query and macro and works only with Microsoft Office. This system does not work with
Open Office or Lotus Symphony. The data fetch and macro must be enabled, else calcualtions will be wrong.
The excel fetches latest data from internet automatically and performs calculations. Hence no need to subscribe
I recommend practice first for at least 2 to 3 weeks and start trading small quantity only when you feel comfirtable.
I recommend study Open Interest and price behaviour. Search in internet and you will find many articles on this.
No system can predict 100% hence this system depends on most data points and calcualtions which are proven
Options data provides sentiment of market and not provide any tip or alert for options trading. However this may
Intraday trading strategy : When alert triggers, enter according to alert with strict stop loss. Non risky traders can
exit with target, but risky traders who wish to have larger profit of day, can change stop loss to brought price +
Positiional trading strategy : When positional alert triggers, usually try to enter Intraday trigger of that day, else
wait for next day and enter if LONG at previous days High and if SHORT, enter at previous days LOW. If gap is
The Excel does not have any event recording capabilities. At least I don’t know how to use this, hence I am not
This system is out come of my research work. I observe every day and based on lessons learnt I update. Every
time I update the system, I upload to my site http://www.myinvestmentmanager.com
Many of you might be asking why am I giving this for free? The answer is I believe in Knowdge is not for sell. If my
system is so great, then I would rather make money from market than taking from traders and investors, who
might have incurred losses due to mistakes. By contributting I am trying to share my knowledge and even if one
It is observed that many times alert triggers after a long time and price advances already. This means market did
not respond in normal way and hence it is better not to enter. It is observed if alert triggers and price is still bellow
If in doubt, do not trade
Do not enter intraday position if target is about to achieve.
Feel free to write me of any query you have to nishantndk@yahoo.com
Next Day Prediction is Experimental. Use at own risk.
OI change is negative and trend is bearish, means nothing is left to SHORT now, hence possibility of LONG, gap
up is high. Similarly if OI is negative and trned is BULLISH, nothing left to buy, hence posibility of gap down.