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

[Option.Trader]

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

So what are the other threads I should visit which are related to this thread?

Like i said in the previous post... read pages 175-190 in the same topic.. there are some really good insights in there in terms of Analysis of Options Chain table.. good discussions from Jamit also

 

[woodstroke]

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

HI

.....deleted...

 

[healthraj]

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

Option analysis for 15-Jul-13 9:45 AM

5993 is the Pivot according to Options Data- So today's range could be 5963 to 6023.

The MAX CHG in OI at 5900PE-6100CE.
MAX OI Still at 5600-6000.

Overall Bullish. So it is Buy on Low

 

[healthraj]

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

At 10 AM

MAX OI CHG from 5900-6100 to 5900-6000.
Overall CHG in OI Suggests a SELL But it would be tough fight at 5990

CE @ 730K, PE @ 680K.

CEs are getting squared OFF in 5600, 5700, 5800, 5900.
PEs are getting Squared off in 5600 and 5700.



Conclusions.

Base getting formed at 5800.
For Today Market might not go below 5950. So Buy around 5950.

In coming days Market might cross 6000 and make another 100 to 150 points.

The Pair that we have taken - Close with Profit betwen 5960-5985 - opened the Pair at 97.75 - Now trading at 88

 

[healthraj]

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

For the First Time in this month, the MAX OI shifted from 5600-6000 to 5800-6000. So clearly for this month the market might not go below 5800.

Those Who want to Take a little bit of risk can buy 6000 CE / 6100 CE (Now available at 68 and 27 respectively).

Also it is oscillating between BUY and SELL at 5990. So if you want to Buy CE Please wait for some time. You might want to buy at 5960.

 

[healthraj]

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

6000CE/6100CE trading with volatility of around 16%. So the Theoretical price of 6000CE/6100CE at 5970 would be 22/55 respectively.

So buy 6000CE between 22-25.
Buy 6100CE between 55-60.

What is the Targets if Market reaches ....

6030.
6000CE - 41
6100CE - 81

6090
6000CE - 68
6100CE - 129

The Above with the assumption that the volatility does not go below 16%. So watch out for the Volatility.

Note: Still there are no big positions at 6100 CE / 6200 CE. so it is purely a RISKY call since the base has changed from 5600 to 5800.

 

[jamit_05]

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

Now is probably a good time to Buy Calls since NF chart recently showed a breakout. Moreover, on Friday, Bulls reacted strongly to the pullback in the early hours of trading. As long as this continues, it is okay to buy Calls and not worry about Decay.

If one wants to be more cautious then Buy Call at the Intraday break of SPOT 6019, Friday's HOD. But, with a SL; It should be an easy 1:2 trade.

 

[Option.Trader]

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

There was a W formation intraday with life @5980, this may well be low of day if momentum continues

 

[healthraj]

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

Now is probably a good time to Buy Calls since NF chart recently showed a breakout. Moreover, on Friday, Bulls reacted strongly to the pullback in the early hours of trading. As long as this continues, it is okay to buy Calls and not worry about Decay.

If one wants to be more cautious then Buy Call at the Intraday break of SPOT 6019, Friday's HOD. But, with a SL; It should be an easy 1:2 trade.

For those who want to Buy above, 6020, The Prices at 6030 would be

6000CE - 87. 6100CE - 39. Buy above/around the mentioned price.

 

[jamit_05]

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

Now 6000 CE ChgOI started breaking..... might see a shoot up.