[Nitin Bhatia]

Truly Respected Sirji,
As per your Nifty Technical Setup – 14 June 2020; in you Smart Money Summary Excel sheet (Screenshot attached) that you show, for the “Smart Money” section rest of the points I am able to analyze correctly as per your learnings taught but I have mismatch/confusion for following 1 point & also have one other query. So need your kind assitance:

Q) You suggested in Index Options, Short Positions are Increased and Long Positions are decreased so it is bearish, I agree with the Short Positions increased part w.r.t last week avg [1-5th June – Avg (CALL Short + PUT Long) = 161434.4 && 8-12th June – Avg (CALL Short + PUT Long) = 191605.3] , BUT according my data analysis (though I might be completely wrong) Long Positions have also increased; but you suggested they have decreased [1-5th June – Avg (PUT Short + CALL Long) = 156329.8 && 8-12th June – Avg (PUT Short + CALL Long) = 188875.1]. So kindly request you to clear my lack/gap of understanding if I am missing/doing anything incorrect.

Q) Also, when you do Volume Analysis of F&O, I assume that you refer ‘Participant Wise Trading Volume’ sheet of NSE and in your Nfity Setup video when you show Volume (increase/decrease) do you add for example volume of say Index Future Long + Index Future Short both together to calculate average of this week and then compare the same with last week average and then finally conclude in totality if the avg. volume is increased or decreased. Am I right?

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