Trade setup for July 20, 2022: Things to know before the opening bell of the stock market

Trading arrangements for today, 20 July 2022: After showing a sharp jump on Monday, both Sensex and Nifty turned volatile on Tuesday with a positive bias. However, the Indian stock market managed to close in the green for the third consecutive day on Tuesday. The Nifty 50 index closed 62 points higher at 16,340 while the BSE Sensex added 246 points to end Tuesday’s session at 54,768. Nifty Bank jumped 1 per cent to close at 35,720 points. The broader markets did well with the forward decline ratio coming in at 1.61:1 and small-cap and mid-cap indices up 0.88 per cent and 0.68 per cent respectively. Volatility index India or VIX ended slightly higher at 17.20 on Tuesday.

global signal

in Wall Street, dow futures Growth in the form of strong earnings pushed up positive sentiments. After the close of Tuesday’s session, the Dow Jones ended 2.43 percent higher, while the tech heavy Nasdaq was up 3.11 percent. The S&P 500 moved 2.76 percent north, while the Small Cap 2000 posted a 3.48 percent intraday gain in Tuesday’s session. But European stocks fell on Tuesday on fresh concerns from the European Central Bank and slowing economic growth. The euro rose to its highest level in nearly two weeks, following news reports that the European Central Bank (ECB) may consider raising interest rates by 50 to 75 bps on Thursday to counter worsening inflation. However, Asian stocks were mixed on Tuesday as investors weighed in on oil prices, inflation concerns and corporate earnings.

nifty technical outlook

“The index continues its short term uptrend as Nifty continues its ‘Higher Top Higher Bottom’ structure on lower time frame charts. In case of any downside, immediate support for Nifty is near the hourly 20-EMA near 16,220 levels. Will be seen around. On the flipside, near term for Nifty is seen around 16,550 to 16,650 range where we can see a confluence of resistances,” said Ruchit Jain, Lead Research at 5paisa.com.

Nifty Bank Outlook

“Critical levels, which will act as important support for the index, are placed in the price zone of 35,150 and 35,300, while on the upside; major resistance levels are placed at 36,250 and 36,450 levels,” says Chinmoy Barve, Head – Technical & Derivatives Research at Profitmart Securities said.

nifty call option data

“Maximum Total Call Open Interest was observed at 16400, 16500 and 16600 strikes with total Open Interest of 107838, 115830 and 157323 contracts respectively. Maximum Call Open Interest additions were observed at 16400 and 16600 strikes, with 18874 and 44532 contracts respectively Call unwinding was seen in the 16100 and 16200 strikes, with 12248 and 17729 contracts respectively,” said Chinmoy Barve of Profitmart Securities.

nifty put option data

As per the data shown by nseindia.com on 19th July at 3.30 pm, the maximum total put open interest was seen at 16300, 16200 and 16000 strikes with total open interest of 104268, 159321 and 125214 contracts respectively. Maximum put open interest additions were seen at 16300 and 16200 strikes with 64833 and 42686 contracts added respectively. Put unwinding was witnessed at 16100 strike which shed 16057 contracts.

nifty bank call option data

“Maximum Total Call Open Interest was seen at 35800, 36000 and 36500 strikes, with Total Open Interest being 54990, 106480 and 68614 contracts respectively. Maximum Call Open Interest additions were seen at 35800, 36000 and 36200 strikes including 26638, 41366 and 16490 The contracts were involved. Call unwinding was witnessed at 35400, 35300 and 35200 strikes, which led to the drop of 15909, 17989 and 16607 contracts respectively,” said Chinmoy Barve.

nifty bank put option data

As per data shown by nseindia.com on 19th July at 3.30 pm, maximum total Put Open Interest was seen at 35500, 35300 and 35200 strikes with total open interest of 113513, 58644 and 71718 contracts respectively. Maximum put open interest additions were seen at 35600, 35500 and 35400 strikes, which included 42606, 91586 and 32584 contracts respectively. Strikes ranging from 35000 to 36200 strikes saw no major put unwinding.

fii dii data

Foreign Institutional Investors (FIIs) made net purchases 976.40 crore shares, while Domestic Institutional Investors (DIIs) made net sales 100.73 crore worth of shares as on July 19, as per provisional data available on NSE.

Stock restrictions in F&O as on 20 July 2022

The National Stock Exchange (NSE) has added Delta Corp stock under its F&O sanctions list for trading date 20 July 2022. Securities in the embargo period under the F&O segment include those companies in which the security has exceeded 95 percent of the market-wide position. range

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