Why are option writers so bullish?

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.55% in positive at 10559
- this is highest ever close
- AD was positive
- option writing support 10400 resistance 11000

NIFTY futures hourly chart

- trend is up
- support 10430 F
- resistance 10560 F

- option writers bullish that 10400 will not break this series

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed 0.6% in positive at 10505
- AD was 2:1
- notice rangebound movement between 10400 and 10550 for past few weeks
- option writing support 10400 resistance 11000

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed flat at 10443
- AD was 2:1
- option writing support at 10300 resistance 11000
- sell signal on kplswing (N=5) yesterday

My Chrome Home Page... left part is most important.. right side is timepass

How to solve the Google recruiters’ puzzle about throwing eggs from a building

The problem: You work in a 100 floor building and you get 2 identical eggs. You need to figure out the highest floor an egg can be dropped without breaking. Find an algorithm that is minimizing number of throws in the worst-case scenario.

We can make a few assumptions:

• If an egg doesn’t break when dropped from some floor, then it will not break when dropped from any lower floors.
• An egg that survives a fall can be used again.
• A broken egg must be discarded.
• The effect of a fall is the same for all eggs.
• If an egg breaks when dropped, then it would break if dropped from a higher floor.

Most people writes some algorithms to solve this puzzle (and we will do it too), but there is actually an easy solution.

Simplest answer
The simplest way to obtain the minimal floor is to throw an egg from the first floor, then from the second and so on. This way when the egg is finally broken then we will know that this is the floor. This is a reliable algorithm, but in the worst-case scenario it would take 100 throws.

The important thing to notice is that it is the only reliable algorithm when you have only one egg. So you need to start using this algorithm when you break the first egg.

Intuitive answer
Read more at https://medium.freecodecamp.org/how-to-solve-the-google-recruiters-puzzle-about-throwing-eggs-from-a-building-de6e7ef1755d

Option writing levels JAN 2018

Last month, I indicated 10000 will not break in DEC and it never broke.

This month, option writers are bullish 10300 will not break this series.

This level is very close so it means one can trade long on panic declines.

Option writers are also expecting a new high.

Let's see... as always, take this analysis with a  bucket of salt and trade with stoplosses.

Swing trading signals :: 02-JAN-2018

• This report is for educational purposes only and is not recommended for trading or investment.
• Liquidity filter: ||||| excellent liquidity - ||||| good liquidity - ||||| low liquidity.

Stock name	Close	Percentage Change		Signal	Reversal Level/ SL	Last Month's
		1 day	20 days			High	Low
||||| A2ZINFRA	44.45	4.50%	9.00%	BUY	35.40	43	35
||||| ADVENZYMES	309.15	11.00%	6.50%	BUY	266.20	301	266
||||| AKSHOPTFBR	38.15	4.50%	20.00%	BUY	30.00	37	30
||||| ASHOKLEY	123.35	3.50%	6.00%	BUY	105.95	123	106
||||| BAJAJHIND	17.90	11.00%	18.00%	BUY	13.55	16	14
||||| BANKINDIA	167.30	-1.50%	-9.50%	SELL	188.60	198	168
||||| COMPINFO	55.55	10.00%	36.50%	BUY	39.00	51	38
||||| DCMSHRIRAM	535.90	-3.00%	-4.00%	SELL	628.00	628	550
||||| DISHTV	85.00	4.00%	7.00%	BUY	77.50	84	78
||||| EROSMEDIA	223.55	9.50%	7.50%	BUY	192.30	218	192
||||| EXCEL	92.00	-2.50%	-26.50%	SELL	127.40	131	93
||||| GOACARBON	929.65	5.00%	16.00%	BUY	761.10	898	761
||||| HSCL	168.55	9.50%	5.50%	BUY	147.00	169	147
||||| INGERRAND	854.50	4.00%	8.50%	BUY	750.00	820	750
||||| J&KBANK	81.55	3.50%	8.00%	BUY	71.00	79	71
||||| JAICORPLTD	204.55	6.50%	15.50%	BUY	159.40	193	159
||||| MANPASAND	462.05	4.50%	23.00%	BUY	348.95	455	349
||||| MARICO	325.70	1.50%	4.00%	BUY	293.05	325	293
||||| NILKAMAL	1888.35	1.50%	10.00%	BUY	1625.80	1880	1626
||||| ONMOBILE	62.75	7.00%	11.50%	BUY	51.70	61	52
||||| PENINLAND	40.35	15.50%	17.00%	BUY	32.70	39	33
||||| PHILIPCARB	1015.40	5.00%	9.00%	BUY	908.00	1006	908
||||| QUESS	1178.55	2.00%	25.00%	BUY	927.25	1165	910
||||| RAIN	399.30	7.00%	14.50%	BUY	337.50	392	338
||||| RAMCOSYS	559.85	6.00%	15.50%	BUY	415.00	544	415
||||| ROLTA	71.20	13.00%	30.50%	BUY	52.00	63	52
||||| SHREEPUSHK	297.80	6.00%	8.50%	BUY	245.00	286	245
||||| SORILHOLD	216.10	-3.50%	-9.50%	SELL	253.40	253	218
||||| TATAMOTORS	439.30	3.50%	8.50%	BUY	389.30	433	389
||||| TATAMTRDVR	253.10	4.00%	9.50%	BUY	217.75	246	218
||||| TPLPLASTEH	743.30	10.50%	30.50%	BUY	537.25	719	537
||||| TTL	113.95	12.50%	39.00%	BUY	75.00	110	70
||||| UPL	773.45	2.00%	8.50%	BUY	684.65	772	685
||||| VBL	702.40	7.00%	37.00%	BUY	492.55	664	493
||||| VIDEOIND	21.55	4.50%	27.50%	BUY	15.25	21	15
||||| WEBELSOLAR	128.50	16.00%	18.50%	BUY	97.00	119	97

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed flat at 10442
- AD was negative at 1:2
- expecting support around 10300 (prev minor peak)
- option writing support 10300 resistance 11000

Nooreshtech: Diversified Random Portfolio beats the Benchmarks Yet Again

• A diversified random portfolio would have given a return of 52-60% which is much higher than the Nifty/Sensex/BSE 500/Midcap etc and almost close to the BSE Smallcap/Nifty Smallcap even though the universe is almost all listed stocks.
• A little more concentrated portfolio would have given much more higher returns.
• A constant learning through all these exercises is that Selection is very important in a Concentrated Portfolio but in a Diversified Portfolio the Asset Allocation and timing plays the real tool. Consider if you had deployed more cash in Demonetization – Nov/Dec 2016 would it really matter what stocks you selected ?
• In such times it becomes easy for advisers, analysts, pms and mutual funds to show how superior their returns are to the benchmark – Nifty. If 42% of the stocks went more than 50% there is a good chance every smallcap/midcap pf made that sort of return as there will definitely be some outliers which went up 100% ( 1 out of 5 stocks doubled up )
• The above exercise clearly tells us to be thankful to the market for being so kind in giving returns irrespective of whether it was luck or skill.

Read more at http://www.nooreshtech.co.in/2018/01/diversified-random-portfolio-beats-the-benchmarks-yet-again.html

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.9% in negative at 10423
- AD was positive however it was 1:$ for nifty stocks
- a minor support at 1460 was broken today
- this also created a sell signal on kplswing indicator (N=5)
- next support 10300
- option writing support 10300

BANKNIFTY Daily, Weekly, Monthly and Yearly charts

Daily charts - rangebound between 24500 and 26000

NIFTY Weekly, Monthly, Quarterly and Yearly charts

Weekly charts - trend is up with support at 10000

Advice From A 19 Year Old Girl & Software Developer

After I finished high school, I decided to not go to university. 

This was a very scary step for me, as I was kind of brainwashed into thinking that that’s the only way to have a successful future: everyone around me went to the best universities! I spent so much time trying to get the best grades in high school to eventually go to a good university, did I really just waste so many years of my life for nothing? Yup, pretty much, but I don’t at all regret it!

Most of the people around me didn’t understand and thought I was making a big mistake, but the small amount of people that understood and supported me really motivated me.


I’ve always been very independent: I moved to another country by myself when I was 18, travelled a lot on my own during my teens, and have always been busy doing anything to improve my future. I’ve never felt pressured into doing stuff because society wanted me to, I’ve always done my own thing. After I decided to not go to university, but give my 110% to programming instead, I went to a coding bootcamp for 3 months in Tampa Bay, Florida. I didn’t have to do this, but it definitely helped me to get some structure and be surrounded by other people who enjoyed programming as well, as I didn’t have that before. I coded intensively, was constantly out of my comfort-zone (which I love), put a lot of effort into my personal projects to improve my coding skills, and learned so many new technologies.

Guess what? Even during the 3 months, an insane amount of recruiters reached out to me asking if I could work for them. 

Read more at https://medium.com/@lydiahallie/advice-from-a-19-y-o-girl-software-developer-88737bcc6be5

New "Deep Learning" Hacking Technique Is 99.5% Effective Cracking Into Android Smart Phones

The method uses an algorithm to reveal a person's passcode using the phone's six built-in sensors, which analyzes the unique tilt of the phone and how much light is being blocked while a person enters their four-digit pin. 

Co-author of the study Dr Shivam Bhasin from Nanyang Technological University, Singapore (NTU Singapore) said: 'When you hold your phone and key in the PIN, the way the phone moves when you press 1, 5, or 9, is very different. 

'Likewise, pressing 1 with your right thumb will block more light than if you pressed 9.'

Read more at https://www.zerohedge.com/news/2017-12-29/new-deep-learning-hacking-technique-995-effective-cracking-android-smart-phones

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.5% in positive at 10530
- AD was positive
- swing low support 10000
- resistance 11000
- minor support 10400

It is a matter of perspective

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed flat at 10478
- AD was flat
- option writing  support at 10400
- resistance 11000

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.4% in negative at 10490
- Advance decline was 1:2
- swing low support at 10000
- minor support at 10400
- resistance 11000