1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Wonder what indications are available that would indicate an upcoming strong trend intraday?

It is the overall CHG in OI that we should look at

Yesterday the Overall CHG in PE was 40L compared to 10L in CE, a Clear indication of an upmove. (We have to look at also retrospectively at 10 AM what was the figure. I hope it should be more for PE)

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

?????
100= 2 lots
25=POINTS
4=??

4 stands for 4 weeks in a month

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

1) Max change in OI, in numbers or percentage ??
2) When you say "Sell this pair 5800-6100", you mean "sell 5800CE+PE and sell 6100CE+PE", do you ??

1. I take the numbers - I have not thought about this %.
2. Sell the 5800 PE and 6100 CE

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

05-Jul-2013 Trading Analysis

Yesterday the Support was created at 5845. Today there is a Gap UP opening. 30 points from 5845 would be 5875, which can act as the Pivot. Today market can test 5905.

We will anyway see what the Option Chains are indicating at 9:30 AM.

As indicated earlier until positions are created in 5900 PE, do not be over bullish. Until the RESULTS start in 12-Jul-13, this market could be FLAT, which could help our Options Pair Trading....

Hold the Options Pair at least next Wednesday or until you get 65.

 

[angira]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

raj,

Some paper trade on this, pls correct me if i'm wrong.

28-Jun as per EOD, option pair OI 5900 PE > 6000 CE
1-July at morning after 10AM also OI in 5900 PE > 6000 CE
so I've taken position bought this pair near 73 bcoz OI in PE is greater than OI in CE.
At that time Nifty spot was at 5862 and Fut. 5854
Now today total value is near 71

as per strategy i've taken right position or not ? And what Stoploss and Target i've to put.

thanx,
angira...

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Options Analysis at 9:45 AM

MAX CHG in OI -
CE @ 6000 - 266K
PE @ 5900 - 418K

The Intraday pivot shows as 5980- Which could be our High.
So as told in the morning, You can buy at 5875-5880 levels

MAX OI Still at 5600-6000 Levels

Total CHG in OI - CE @ 1.78L PE-10L - So the Bulls in the morning have created heavy posistions at 5900 PE.

So avoid Shorts - Play only on the Long side.

the initial range is 5870-5930.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

raj,

Some paper trade on this, pls correct me if i'm wrong.

28-Jun as per EOD, option pair OI 5900 PE > 6000 CE
1-July at morning after 10AM also OI in 5900 PE > 6000 CE
so I've taken position bought this pair near 73 bcoz OI in PE is greater than OI in CE.
At that time Nifty spot was at 5862 and Fut. 5854
Now today total value is near 71

as per strategy i've taken right position or not ? And what Stoploss and Target i've to put.

thanx,
angira...

I cannot comments whether 5900PE-6000CE is right pair because it is not following the same strategy.

But Today the Pair is trading at 150 (5900PE@ 102 and [email protected]). So it is in profit. I think it is the right time to close this pair.

Hope you have bought and not SOLD

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Options Analysis at 9:45 AM

MAX CHG in OI -
CE @ 6000 - 266K
PE @ 5900 - 418K

The Intraday pivot shows as 5980- Which could be our High.
So as told in the morning, You can buy at 5875-5880 levels

MAX OI Still at 5600-6000 Levels

Total CHG in OI - CE @ 1.78L PE-10L - So the Bulls in the morning have created heavy posistions at 5900 PE.

So avoid Shorts - Play only on the Long side.

the initial range is 5870-5930.

The PE CHG in OI is coming Down - Now it is at 7.7L compared to 10L at 9:45. So defintely there is something happening.

So avoid Longs right now and Take Long only when the CHG in OI is increasing.

If you have already taken Long then try to close it with profit..
We can also see all the CEs getting squared off in 5700, 5800 and 5900.

Buy only around 5875-5880.

 

[angira]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

oh sorry raj but it's some type mistake it's not 5900 pe but 5600 pe . And I've bought
not sold.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

The CHG in OI in PE is going up from 7L to 9L once again and in CE the volume is -7800... So CALLs are getting squared...

Hope you can buy at the current levels