Option chain and open intrest data analysis for 17/10/2022

 Option chain data analysis for 17/10/2022

Welcome to our option chain and F&O data analysis blog. In today session bulls tries to hold the market at higher level but ultimately FII's plan is to eat the position of PRO desk in today trading session. 

In the morning session nifty open with gap but after touching the resistance of  17350 weakness continuous in market . In bank nifty also it tries to hold its gains but at about 10:00 am it start losing it movement . After touching the resistance level of 39500 bank nifty reverse from the day high.

It is very important we need to identify the  important pivot level in the stock market. Whenever FII's tries to reverse the market direction we need to activate our plan B. Before starting the trade we need to identify the important level for next day .

If you are interested in automated system have a look at our system

There take your trade based on data driven system back tested for 12 month. Check the data by yourself. 

Is this data really work?

1. We test this excel sheet from march 27-04-2022
2. Here are the results
3. We back-tested the data for 116 trades
4. Out of 116 trades 87 are profitable 
5. 29 trade went against us
6. We traded Only 100 Qty 
7. Profit of 1057100 
8. If you believe data-driven in data driven trading system this is the system 
9. We created this system after having experience of 8 years 
10. We believe the data-driven decision is the only way to do trading in the stock market otherwise it is a gambling.
11. Month wise result is shown below

Paid Excel Sheet Link. 

1. Add To your Cart link
2.  Pay and then download the excel sheet.

Index future Data points

1. Retail Clients are net buyers  in index future with 15361. They booked profit in  -6260 contracts.
2. FII index  positions are at -91582 contracts bearish . 
3. DII is also bearish in index futures with -57607
4. Pro are net short in index future with  - 4412. added long contracts 

Index Call Data points

1. On a net basis, retail client calls are bearish with  -36348 contracts.
2. FII total long positions are at 14805 contracts . They added long positions
3. Pro is bearish as they had -110175 index calls short positions. Added -28784 call short positions

Index put Data points

1. The retail client has a total -359167 contract put short on a net basis.  
2. DII has a total of 33262 contracts put long for hedging purposes. 
3. FII has a total of 326485 added put longs .
4. Pro has total -580 contracts put short. They added short position

Stock Future Data points

1. The retail client has a total of  1114173 contracts long. 
2. FII has a total of -7829 contracts long. 
3. Pro has a total of 178080  contracts long.