📊 MOREPENLAB
Alerted on 10th June around ₹51.50 when buying activity started showing up on the weekly chart.
Current move validates the strength seen at the breakout zone. Patience and conviction are often rewarded when technicals align.
Key levels shared:
💊Industry: PHARMA
🎯 Targets: ₹65 / ₹78 / ₹88 / ₹100
🛑 Stop Loss: ₹49.50
Always manage risk and position sizing.
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🔗 https://t.co/BnW9BwOjix
Disclaimer: Educational content only. Not investment advice. Please do your own research.
#MOREPENLAB #StocksToWatch #StockMarketIndia #Investing #TradingView #NSE #TechnicalAnalysis #IndianStocks #EquityEdge #9edgeClub
📊 F&O Participant OI Changes
24 Aug 2026 | Source: NSE India
FII/DII Cash Market :
DII: +₹2,493.41 Cr
FII: +₹1,181.66 Cr
🔴 FIIs (Defensive Bearish / Heavy Put Buying & Index Shorting)
FIIs aggressively added 10,547 index short futures while buying 114,011 net index puts, signaling a sharp defensive posture. Although they added some long calls (18,433 net), their dominant capital allocation reflects institutional downside hedging and bearish conviction.
🟡 Pro Desks (Delta Hedging / Massive Call Writing & Unwinding)
Pro Desks printed a massive short call bias (-180,498 net) by writing heavy call options, alongside covering put shorts (-10,9992 changes) and closing stock positions. This pattern reflects typical volatility harvesting and options writing rather than directional bets.
🟢 Retail / Clients (Aggressive Call Buildup & Put Unwinding)
Retail traders aggressively bought index calls (162,148 net) and unwound index puts (-146,453 net), showing a strong retail inclination to catch a market bounce. However, their heavy call-buying and put-unwinding leaves them vulnerable against institutional positioning.
⚔️ SMART MONEY CONFLUENCE:
Smart Money (FIIs and Pros) are heavily positioned on the defensive/short side through index futures shorting and substantial index put protection, while Retail is aggressively leaning long via call options. This stark divergence highlights a classic trap setup where retail optimism contrasts with institutional caution.
🎯 TACTICAL TAKEAWAY FOR TOMORROW:
With FIIs heavily holding index short futures and index puts while retail traders sit heavily long on call options, any failure of immediate support levels could trigger a sharp retail short squeeze or long unwind. Traders should watch key morning ranges closely, as downside momentum remains favored by institutional positioning.
https://t.co/P8BiLIXVnq
#FII #DII #FnO #ParticipantOI #9edgeClub
📊 F&O Participant OI Changes
24 Aug 2026 | Source: NSE India
FII/DII Cash Market :
DII: +₹2,493.41 Cr
FII: +₹1,181.66 Cr
🔴 FIIs (Defensive Bearish / Heavy Put Buying & Index Shorting)
FIIs aggressively added 10,547 index short futures while buying 114,011 net index puts, signaling a sharp defensive posture. Although they added some long calls (18,433 net), their dominant capital allocation reflects institutional downside hedging and bearish conviction.
🟡 Pro Desks (Delta Hedging / Massive Call Writing & Unwinding)
Pro Desks printed a massive short call bias (-180,498 net) by writing heavy call options, alongside covering put shorts (-10,9992 changes) and closing stock positions. This pattern reflects typical volatility harvesting and options writing rather than directional bets.
🟢 Retail / Clients (Aggressive Call Buildup & Put Unwinding)
Retail traders aggressively bought index calls (162,148 net) and unwound index puts (-146,453 net), showing a strong retail inclination to catch a market bounce. However, their heavy call-buying and put-unwinding leaves them vulnerable against institutional positioning.
⚔️ SMART MONEY CONFLUENCE:
Smart Money (FIIs and Pros) are heavily positioned on the defensive/short side through index futures shorting and substantial index put protection, while Retail is aggressively leaning long via call options. This stark divergence highlights a classic trap setup where retail optimism contrasts with institutional caution.
🎯 TACTICAL TAKEAWAY FOR TOMORROW:
With FIIs heavily holding index short futures and index puts while retail traders sit heavily long on call options, any failure of immediate support levels could trigger a sharp retail short squeeze or long unwind. Traders should watch key morning ranges closely, as downside momentum remains favored by institutional positioning.
https://t.co/P8BiLIXVnq
#FII #DII #FnO #ParticipantOI #9edgeClub
📊 F&O In-Depth Study
24 Aug 2026 • 3:15 PM
🔹 Nifty
Cmp: 24180 | Mood: Bearish (Directional)
The index is facing persistent selling pressure today, sliding down to 24180 as bears comfortably dictate terms on any intraday bounce. Futures data confirms a clear short build-up with a sharp 48.72% surge in open interest alongside a 0.29% drop in price—classic aggressive shorting into weakness.
Looking at the option chain, heavy call writing is stacked at the 25000 and 24500 strikes (holding 93.6L and 86.7L in open interest respectively), while the immediate intraday battleground sits around 24200 with heavy additions of +20L on the call side. On the put side, the big floor rests at 24000 with a massive 124.4L OI wall, flanked by 24100.
Comparing timeframes, while our weekly expiry gives us some breathing room down at 24000 support and 25000 overhead resistance, the monthly structure sees a firm resistance wall locking in at 24300. Since our last update at 2:01 PM, the PCR has dipped further from 0.83 to 0.85, showing that sellers are aggressively defending higher levels and capitalizing on every weak recovery attempt.
We are seeing heavy short building rather than healthy profit booking—meaning momentum is heavily skewed downward, and any sudden bounce without supporting volume should be treated as a selling opportunity rather than a trend reversal.
🔸 Bank Nifty
Cmp: 57398 | Mood: Bearish
Bank Nifty is mirroring the broader weakness, dropping down to 57398 under heavy selling weight. Just like Nifty, the futures print shows a textbook short build-up with open interest jumping over 55% as prices slid 0.45%.
On the options front, the index is tightly boxed between a strong support floor at 57000 and a heavily defended resistance ceiling at 57500, which also lines up with the max pain level. The PCR has slipped down to 1.20 from 1.22 earlier in the session, reflecting an ongoing drip in bullish confidence. Until Bank Nifty can reclaim the 57500 handle with conviction, the path of least resistance remains tilted firmly to the downside.
💡 In Simple Terms:
- Both Nifty and Bank Nifty are locked in a strong short build-up; sellers are actively using every minor bounce to initiate fresh shorts rather than just booking profits.
- Keep a close eye on the 24000 floor for Nifty and 57000 for Bank Nifty—these are the critical weekly support levels keeping the market from sliding into a deeper correction.
- Avoid catching falling knives on intraday bounces; wait for structural changes in futures OI and call unwinding before flipping bullish.
🚨 Disclaimer: For educational purposes only. Not financial advice.
#NIFTY #BANKNIFTY #StockMarket #TradingSimplified #9edgeClub
📊 F&O In-Depth Study
24 Aug 2026 • 02:01 PM
🔹 Nifty
Cmp: 24162 | Mood: Bearish
Sellers are firmly in the driver's seat today, treating every bounce as an invitation to lean on the market and dump inventory.
Looking at the board, heavy call writing is stacked up at the 25000, 24500, and 24200 strikes, keeping a heavy lid on any recovery attempts. Down below, the 24000 strike is holding the line with massive put concentration (124.4L), acting as our primary safety net, though we did see some slight weakness creep in as the 24150 puts started unwinding.
Zooming out to the structural side, futures are flashing a clean short build-up—prices down 0.39% alongside a massive 38.18% surge in open interest. This isn't just tired longs getting shaken out; fresh institutional shorts are aggressively stepping in. Comparing this to our last session, the PCR has slipped down to 0.83 (a notable drop of 0.10), confirming that the bears have seized near-term control.
This drop in PCR paired with rising OI and falling prices is a classic signature of aggressive short building rather than healthy profit booking. Until we see a proper short-covering rally clear out the overhead resistance, rallies are meant to be sold.
🔸 Bank Nifty
Cmp: 57341 | Mood: Bearish
Bank Nifty is mirroring the broader market's weakness, slipping down to 57341 under the weight of steady selling pressure.
Option writers have drawn a sharp battle line here: 57500 is acting as a rigid immediate resistance backed by strong writing, while 57000 is standing as the last major support floor. Futures data tells the exact same story as Nifty—a textbook short build-up with a 0.55% drop in price matched by a heavy 41.10% jump in open interest. With the PCR ticking down to 1.22 and IV sitting at a modest 11.30, the banking index is heavily vulnerable to a deeper slide if that 57000 psychological marker gets tested and breaks.
💡 In Simple Terms:
- Both Nifty and Bank Nifty are locked in a short build-up phase; sellers are actively adding fresh shorts on every small bounce.
- Watch 24000 on Nifty and 57000 on Bank Nifty as the critical floor levels—if these break, expect accelerated downside momentum.
- Avoid trying to catch falling knives or buying the dip until the futures data shows actual short-covering rather than aggressive selling.
🚨 Disclaimer: For educational purposes only. Not financial advice.
#NIFTY #BANKNIFTY #StockMarket #TradingSimplified #9edgeClub
#India | India-US trade deal ‘almost done’ as final legal details are worked out: Sergio Gor
- US-India trade deal "almost" finalized.
- Legal/technical language being sorted out.
- US Congress pushes tariffs on Russian oil buyers.
Read More:
https://t.co/4aN3WEr48I
Your chart doesn’t need 15 indicators. 😂
RSI + MACD + 5 Moving Averages + Bollinger Bands + Fibonacci + 3 more indicators…
At some point, you’re not analysing the market.
You’re analysing the indicators.
Keep it simple.
#Trading#TechnicalAnalysis#StockMarket #IndianStockMarket #TradingTips #Investing #9edgeClub
Does more capital improve your odds in F&O?
Only 10% of traders deploying less than ₹1 lakh were profitable in FY26.
For traders deploying ₹10 lakh to ₹1 crore, that rose to 32%.
SEBI’s latest study looks at how experience, capital and trading activity relate to F&O outcomes. 🧵(1/8)