Lets See the status of Nifty and Bank Nifty and its major stock. The stock which moves both the index. We will use AVWAP across time frame to derive whether stock is weak or strong. We will use Quaterly AVWAP/Monthly AVWAP/Yearly AVWAP and March 20 AVWAP.

Plz go through these slides ONE BY ONE. You can ask geniune questions with chart, will try to reply by tomorrow.

Posting the original PPT on my telegram channel

https://t.co/QjQMoLPNgB

Never expected this much response. 51k view in 24 hours. Thanks @vivbajaj sirji for providing this opportunity to share my small knowledge in your awesome platform . God is kind to me 🙏🙏🙏

BNF made a low of 33606 and high of 34815 in this weekly expiry. On all three days it closed below VWAP. Also on all three days its closing very near to 34200 levels. U can see all these levels in below picture.

We all know by now that 34000-34800 is the range of BNF for last few days and hence people shorting OTM options outside this range will make money. Lets dig a bit deep more.

Now see the things one by one

On 20/5/22 this strangle closed at 908 with OI value of Rs 1.22 ,

then on 23/5/22 this strangle closed at 790 with OI value of Rs .80 and finally today it closed at 462 with OI value of Rs 2.09.

This strangle holds the maximum OI in the chain with support and resistance marked which gives us a range of 33538-34962 for this expiry. Frankly

speaking this straddle looks very safe and personally I wont think that todays seller of this strangle will panick ever. Now few more data points, since the start of this weekly expiry Pain points below 34100 is constantly decreasing.

On 20/5 break of this PE was making Rs 3,06,01,91,770.00 in danger and then it reduced to Rs 2,81,17,02,460.00 on 23/5/22 and today its at 2,75,72,14,637.50 . This gives us a idea that PE seller are not confident on their position and hence getting out gradually.

Option Chain is janampatri of CE and PE activity in the market. On a day when BNF moved 750 points we expect huge CE unwinding and good PE writing across the board. It becomes more important when the rally is coming from almost good low and against all round bearish view.

Today weekly OC is showing a sign of COMPLEXITY among the CE writer. Top 10 CE writer holds value to the tune of Rs 237,756,1591/- while PE writing hold value to the tune of Rs 145,980,0081/-. So in top 10 OI , writing in CE is more than PE . And this is after 750 points upmove.

This is quite surprising. It means the CE seller expect market to had made temp top today and dont expect the CE to hit new high tomorrow above today high. This is super conviction on their part. So what may happen tomorrow??? Either they win with their conviction or loose out.

Yehi toh !! Kya toh BNF upar jayga ya niche. But there in lies some catch, we will move one by one. The attached picture shows you that if BNF travels above 34500 tomorrow then these Rs 188,199,0251/- will be trapped and above 34700 the value goes up to Rs 237,756,1591/-

These values are simply huge. CE and PE writer provides balance to the market. The huge Expiry moves happens (where Rs 20 option becomes Rs 100-200) because of this imbalance. Today EOD data is already showing that imbalance for CE writer. Any sustainable upmove with CE

BNF made a high of 34800 today and then fell to 34490 towards the end. A fall of 300 points from the top. Every fall and rise are lead by few stocks and today the fall was lead by NIFTY and in NIFTY ,RELIANCE was the villian. Generally whenever Nifty will fall it will take other

down also. So BNF fell today under the weight of Reliance. Now some data churning of this fall.

If you will see the OC of BNF weekly, there was across the board PE writing while there was reduction in CE OI even after this steep fall from the high.

Lets see what happened to 34300 CE during this fall. This is the nearest ITM on closing basis today.

See in below PIC the price of 34300CE is falling and OI is also falling. Fall in OI with rise in Price is bullish for the option, where as fall in OI with fall in price means

smart money getting out at cheap cost. The marked four boxes will reveal a big story in itself. I really dont know what will happen tomorrow neither interested to know also. Carrying ZERO position makes life easy. But seeing EOD data of BNF, i wont be bearish on BNF

The AVWAP from weekly high on this CE is at 370 and we closed around 358 today. Nothing much. But if this CE trades above 370 tomorrow , i will like to participate in upmove rather than downmove.

MAHARAJA CHHATRASAL BUNDELA was the great Bundela King who revolted against the Mughal ruler Aurangzeb.
Chhatrasal Bundela was born in year 1649 CE in Maur Hill of Bundela region to Champat Rai and Lal Kunwar. He was the descendent of Rudra Pratap of Orchha.

His ancesters were the vassals of Mughal Emperor. He drew inspiration from his father and revolted against the alien rule of Mughals. He was just 12 yrs old when his parents died in fight against the Mughal Army of Aurangzeb in 1661.

When his beloved father attained martyrdom in the year 166, the young Chatrasal was present in the last battle of his father against the Mughal and from these valiant campaigns,..

..he gathered the courage to free Bundelkhand from Aurangzeb’s rule.
He joined the Mughals initially, and was recommended by the Rajput King Mirza Jai Singh to be recruited in the Mughal Army in order to support their Deccan Campaigns.

But serving the alien rule of Mughals which brought chaos and misery to Bundelkhand was unacceptable for Chatrasal Bundela and his father’s incessant struggle against the Mughals kept the fire of independent Bundelkhand alive in his heart.

Story of Thumba Poo and Shiva

Thumba poo is a tiny white flower which grows in all areas. These flowers are used for treatment for sinus. Small children who have polyps in Nose are told to crush tumbha leaves and apply in nose part.
There is an interesting story of Thumba and

Mahadeva. Thumba flowers were not taken for Shiva Pooja. Saddened to this Thumba prayed sincerely and Mahadeva appeared before her.
She was surprised that Shiva had appeared before her. Instead of saying that she wants to under his feet always, she said
@SriramKannan77

She said that her feet should be on his head. Shiva accepted her prayers. It is because of this Thumba flower is placed in the head of Shiva Linga.
Shambo Mahadeva
Om Namah Sivaye
🙏🕉🙏

LACHIT BORPHUKAN : AN UNSUNG WARRIOR OF THE AHOM KINGDOM & THE GREAT BATTLE OF SARAIGHAT

Originally named as Lachit Deca, Lachit Borphukan, the fierce and invincible Ahom Commander, was born during the early 17th century at Betioni in the Golaghat district of modern Assam.

His father, Momai Tamuli Borbarua was the ‘Governor’ of the kingdom and also ‘Commander-in-Chief’ of Ahom army under King Pratap Singha during his reign starting from 1603 to 1639. Lachit received military training from an early age and joined the Ahom King Jayadhvaj Singha...

...(1648-1663) as a scarf-bearer.  The post ‘scarf-bearer’ or ‘Soladhara Barua’ is considered as a part of the incumbent king’s personal staff. Owing to his military training Lechit was appointed "Ghora Barua", Supdt. of the Royal horses. When Chakradhwaj Singha became king..

..of Ahom dynasty in 1663,he appointed him Suptd. of The Royal Guards &finally he was appointed as Borphukan by the king.Then onwards,he was known as Lachit Borphukan.Borphukan used to be top councillor in Ahom Kingdom. This position was embedded with executive & judicial powers.

Assam was facing incessant Islamic invasion since Jan1662, when Mughal General Mir Jumla II attacked Ahom capital Gargaon. He never defeated Ahom king Jayadhwaja Singha as king retreated to hill &continued Guerrilla warfare.Prolonged fight &prospect of stalemate disturbed Jumla.

10 Hard Truths of Psychology and Life:

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