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SMTC Traders®(Only for Education)

SMTC Traders®(Only for Education)

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Disclaimer: I am not SEBI Registered analyst, This channel is 100% education purpose only. We don't provide any trading tips or calls or recommendations. We don't manage any premium/paid group or channel

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“Always know your risk before you enter a trade. There is no fixed target when the opportunity offers unlimited profit potential. Trail your Stop Loss aggressively, and whenever possible, move it to Cost-to-Cost. One well-managed, high-conviction trade can recover previous losses. But never risk tomorrow’s capital trying to recover yesterday’s losses.”

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⚠️ Disclaimer Disclaimer: This analysis is for educational and informational purposes only and should not be considered as investment advice, financial advice, or a recommendation to buy or sell any security or derivative. The NIFTY 50 levels, o zones,option-chain observations, FII/DII data, global market analysis, and other market views are based on available data and analytical assumptions. Markets are unpredictable, and actual price movements may differ significantly from the analysis. Trading in NIFTY 50 options involves substantial risk, including the possibility of losing the entire capital invested. Option sellers may face potentially large losses, while option buyers can lose the entire premium paid. Past performance, technical patterns, OI data, or market predictions do not guarantee future results. Always: Trade according to your own risk appetite and financial situation. Use strict position sizing and predefined stop-losses. Never trade with borrowed money. Do your own research before taking any position. Consult a SEBI-registered investment adviser for personalized financial advice. The creator/analyst assumes no responsibility for any profit or loss arising from trades taken based on this information. 📌 Trade the setup, not the prediction. Capital protection comes first. Profit comes second. 🛡📊

Final Institutional Bias Opening Bias: 🟢 Mild Bullish because of: GIFT Nifty ~24,362 Falling crude Nvidia earnings beat Positive Asian tech sentiment Strong DII buying FII buying Lower India VIX But... Intraday Structure: 🟡 Neutral Until Breakout Because the 26-Aug price action was bearish, Nifty closed at its day's low, and the September option chain has enormous fresh CE OI between 24,300 and 24,500. Therefore my primary decision levels are:

The No-Trade Zone 🚫 This is extremely important. 24,200 - 24,400 Do not force option buying inside this zone. Why? Because: Max pain = ~24,300 Huge CE OI = 24,300-24,500 Strong PE OI = 24,200-24,000 India VIX = only ~10.45 September expiry is still relatively close Time decay can happily eat option buyers for breakfast This is where retail traders tend to buy CE, watch it fall, buy PE, watch it rise, and then conclude that the market is manipulated by NASA. Don't participate in that experiment. 😄

24,700 ↑ Extended Bull │ 24,600 │ ┌─────────┴─────────┐ │ SHORT COVERING │ └────────────────────┘ 24,500 🔴 Major Resistance 24,400 🔴 Breakout Trigger 24,350 🟡 Immediate Level 24,300 ⚔️ MAX PAIN / PIVOT 24,250 🟢 Short-term support 24,200 🔴 PE breakdown trigger 24,150 🔴 Breakdown confirmation 24,100 │ 24,000 🟢 Major PE support 23,900 │ 23,800

BEARISH Spot breaks 24,200 - 5-minute close below 24,200 - Then failure to reclaim 24,200. Then 24150/100/24000 Failure = 24270

BULLISH Sport Sustain above 24400 - 5-minute candle close above 24,400 - Next candle holds above 24,350-24,400 expanding with volume Then 24450/500/600 Failure = 24330

Key Nifty Levels for 27-Aug 🔴 Major Resistance 24,400 24,500 Above 24,500, the character of the market changes significantly. 🟠 Immediate Resistance 24,350 24,378-24,400 24,378.60 was Wednesday's high. 🟡 Pivot / Battle Zone 24,300 🟢 Immediate Support 24,250 24,200 🟢 Major Support 24,100 24,000

Max Pain Based on the supplied 01-Sep-2026 chain: Max Pain ≈ 24,300 This is remarkably important because: 24,300 is also close to the major CE/PE positioning battle. So 24,300 is the magnetic pivot.

PCR Analysis From the supplied September expiry chain: Total CE OI ≈ 127.70M Total PE OI ≈ 93.63M Therefore: OI PCR ≈ 0.73 This is bearish/cautious. However, volume PCR is approximately: Volume PCR ≈ 1.16 So the picture is mixed:
OI structure = bearish/capped upside
Volume structure = active downside protection/speculation
This is another reason to avoid blindly buying options at the opening tick.

Put Option Chain Analysis The interesting part is: 24,200 PE saw OI unwinding That is not ideal for the bulls. At the same ti
Put Option Chain Analysis The interesting part is: 24,200 PE saw OI unwinding That is not ideal for the bulls. At the same time: 24,300 PE saw fresh addition. So the immediate battlefield is:
24,200 ↔️ 24,300
Below 24,200, the PE structure starts becoming less comfortable. The stronger downside support is around: 24,000

Call Option Chain Analysis The biggest CE OI concentrations are: 🚨 This is the important part. There is massive fresh CE OI
Call Option Chain Analysis The biggest CE OI concentrations are: 🚨 This is the important part. There is massive fresh CE OI addition from 24,300 through 24,500. Especially: 24,300 CE: +5.07M 24,400 CE: +5.27M 24,500 CE: +4.93M This means the market has built a serious 24,300-24,500 supply wall. Therefore: Resistance 24,300 → 24,350 → 24,400 → 24,500 A clean breakout above this zone can create a very sharp short-covering move.

F&O Bhavcopy Analysis 26-Aug NSE F&O Bhavcopy you supplied, specifically: NIFTY | 01-Sep-2026 expiry Spot/reference value in the file: 24,207.75 The option chain is extremely informative.

India VIX India VIX closed around 10.45, down approximately 5.96%. It traded as low as 10.13. This tells us something important for option buyers: Low VIX = cheaper options, but slower premium expansion You need directional movement, not merely a 50-point drift. Therefore: No entry inside the middle of the range. We want a genuine breakout/breakdown.

Overnight Global Picture 🌎 🇺🇸 US inflation US July PCE inflation came in at 3.7% YoY, keeping inflation concerns alive. US indices consequently closed slightly lower, with the S&P 500 down 0.02%, Nasdaq down 0.08% and Dow down 0.21%. That is a mild negative for Nifty. 🟢 Nvidia surprise The much-awaited Nvidia earnings were substantially stronger than expectations. Revenue was approximately $96.2 billion, above the ~$92.3 billion expectation, with adjusted EPS of $2.22 versus ~$2.09 expected. Nvidia also guided next-quarter revenue toward approximately $108 billion. This is particularly relevant because Indian IT/technology stocks were under pressure yesterday. Impact: 🟢 Positive for global technology sentiment. 🇯🇵 🇰🇷 Asia Asian technology markets are responding positively to Nvidia. The Nikkei was reported higher, with chip stocks leading, while South Korean equities were also benefiting from the AI semiconductor optimism. Impact on Nifty: 🟢 Positive. 🛢 Crude Oil / Iran / Strait of Hormuz This remains one of the most important variables. Oil has fallen sharply as markets assess the possibility of improved navigation through the Strait of Hormuz and diplomatic activity involving Iran and Oman. Brent was around the mid-$80s after falling more than 2%. For India, lower crude is generally very helpful because it reduces pressure on: Import bill Inflation Current account INR Corporate margins Impact: 🟢 Strong positive. But the Iran/Hormuz situation remains an event risk. One headline can turn the oil chart into a human suffering simulator.

Executive Institutional View Bias at 07:31 AM IST: Neutral → Bullish above 24,350, but with heavy overhead supply. Nifty open
Executive Institutional View Bias at 07:31 AM IST: Neutral → Bullish above 24,350, but with heavy overhead supply. Nifty opened at 24,341.95 on Wednesday, reached 24,378.60 and then sold off all the way to 24,207.75, closing at the day's low. That failed recovery is important.

Option Strike Seller Power — CE vs PE (from today's Open price)
Option Strike Seller Power — CE vs PE (from today's Open price)

BhavCopy (full chain) — Heavy Sellers Added vs Previous Day
BhavCopy (full chain) — Heavy Sellers Added vs Previous Day