| Purpose | Analyze market sentiment from multiple data sources to gauge investor psychology, identify extremes, and generate contrarian or confirmation signals |
| Core Function | Aggregates and processes sentiment indicators including put-call ratios, VIX levels, FII/DII flows, market breadth, options data, and survey-based measures to create a comprehensive sentiment score |
| Nifty Pcr | Put-Call Ratio for Nifty options • NSE daily options data • Contrarian indicator at extremes |
| India Vix | Fear gauge for Indian markets • Buy on high VIX spikes, cautious on very low VIX |
| Fii Dii Flows | Foreign and Domestic institutional investor activity • NSE/BSE daily provisional data • Often contrarian to FII (provides support on FII selling) • FII flows indicate global risk appetite for India |
| Advance Decline | Breadth of market participation • NSE/BSE daily data • Index rising but A/D falling = warning sign |
| New Highs Lows | Number of stocks at 52-week highs vs lows |
| Iv Skew | OTM puts more expensive than OTM calls |
| Expiry Dynamics | Thursday sentiment often distorted • Last week sentiment affected by rollover • Rising OI + Rising price = bullish • Rising OI + Falling price = bearish |
| Pre Budget | January • Cautious, elevated uncertainty • Usually elevated |
| Post Budget | February • Clarity brings sentiment normalization • Sentiment often improves if budget received well |
| Election Period | Varies • Elevated uncertainty, volatile sentiment swings • Elevated throughout |
| Diwali Muhurat | October-November • Traditionally bullish, optimistic • Don't over-rely on seasonal patterns |
| Year End | December • Low activity, positioning for next year |
| Nse Website | Options chain, PCR, OI data, A/D data |
| Bse Website | Broader market breadth data |
| Moneycontrol | FII/DII flows, market data |
| Trading Terminals | Real-time sentiment data |
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