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

Whether the latest MTP v2.2 tool is useful?

  • YES. The tool helps to take safe positions using FLOW and Renko Charts

    Votes: 26 92.9%
  • NO. The tool is not useful

    Votes: 2 7.1%

  • Total voters
    28
  • Poll closed .

healthraj

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

19-Jul-13 Option Updates

9:30 AM
Signal is FLAT to BULLISH.
MAX CHG in OI at 5900-6200 Pair - Trend is slightly bullish.
5900 PE @ 3.2L 6200 CE @ 2L .
MAX Pain @ 6000, indicating that Market will expire around 6000.
According to the Pivot indicates a HIGH of 6107 and Low of 6046
MAX OI still at 5800-6000.
People who want to take Risk can Sell the 5900PE-6000CE Pair which would be available today around 95+. Buy this only when the market turns bearish

9:45 AM
MAX OI Shifted from 5800-6000 to 5900-6000. So ideal to play the Pair. As told earlier do not BUY the positions now. Buy when it is at the TOP of the range or bottom of the Range

10:00 AM
MAX OI at 5900-6000, also giving the signal that market will not go below 5900 in this Expiry.
The Range is shifting to 6036-6100. When the MAX CHG in OI is 200 points apart it is advantage Operators for Eating premium or MMs taking positions.
MAX CHG in OI at 5900-6200. For any Serious action it has to shift to either 5900-6100 or 6000-6200 at least.

10:30 AM
MAX CHG IN OI at 5900-6200. PE @ 8.42L CE@ 6.64 - Favouring Bulls.
But since the we are near the expiry, as I have been telling Yesterday, the PE volume could also be SHORT covering. So we have to wait and see. Wait for the Squaring off in CE or PE to take any positions.

For the Volatility Perspective the PEs Volatility is coming down especially at the 6200, 6300 strikes. So there is some buying at those levels.

CEs volatility is Flat for now. When that starts to change and take some trend we will see some action. Otherwise no action today.

12:00 Noon
MAX CHG in OI 5900-6200. PE@ 12.5L , CE @ 8.6L. One thing is very clear. Market will not break 5900 today.
MAX OI 5900-6000. The pair which was trading at 96.5 in the morning is now at 88.
The Range has shifted to 6030-6085. So the TOP has been shifting from 6100 to 6085. But the bottom is more or less at 6030.

From Options Data it is still a BUY. But market has corrected 20 points from Top.

After Europe Opening, Market will take a direction.
 

healthraj

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

RELIANCE Trading for the Result

MAX OI at 880-940. So Reliance will not be able to cross 940 easily. Risky players can Sell Reliance for Targets of 880.
 

sabhlok_r

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

RELIANCE Trading for the Result

MAX OI at 880-940. So Reliance will not be able to cross 940 easily. Risky players can Sell Reliance for Targets of 880.
RIL adding 1.87 L and 1.73L @ 860 and 880pe.....is'nt it going against our logic?
 

healthraj

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

19-Jul-13 Option Updates

9:30 AM
Signal is FLAT to BULLISH.
MAX CHG in OI at 5900-6200 Pair - Trend is slightly bullish.
5900 PE @ 3.2L 6200 CE @ 2L .
MAX Pain @ 6000, indicating that Market will expire around 6000.
According to the Pivot indicates a HIGH of 6107 and Low of 6046
MAX OI still at 5800-6000.
People who want to take Risk can Sell the 5900PE-6000CE Pair which would be available today around 95+. Buy this only when the market turns bearish

9:45 AM
MAX OI Shifted from 5800-6000 to 5900-6000. So ideal to play the Pair. As told earlier do not BUY the positions now. Buy when it is at the TOP of the range or bottom of the Range

10:00 AM
MAX OI at 5900-6000, also giving the signal that market will not go below 5900 in this Expiry.
The Range is shifting to 6036-6100. When the MAX CHG in OI is 200 points apart it is advantage Operators for Eating premium or MMs taking positions.
MAX CHG in OI at 5900-6200. For any Serious action it has to shift to either 5900-6100 or 6000-6200 at least.

10:30 AM
MAX CHG IN OI at 5900-6200. PE @ 8.42L CE@ 6.64 - Favouring Bulls.
But since the we are near the expiry, as I have been telling Yesterday, the PE volume could also be SHORT covering. So we have to wait and see. Wait for the Squaring off in CE or PE to take any positions.

For the Volatility Perspective the PEs Volatility is coming down especially at the 6200, 6300 strikes. So there is some buying at those levels.

CEs volatility is Flat for now. When that starts to change and take some trend we will see some action. Otherwise no action today.

12:00 Noon
MAX CHG in OI 5900-6200. PE@ 12.5L , CE @ 8.6L. One thing is very clear. Market will not break 5900 today.
MAX OI 5900-6000. The pair which was trading at 96.5 in the morning is now at 88.
The Range has shifted to 6030-6085. So the TOP has been shifting from 6100 to 6085. But the bottom is more or less at 6030.

From Options Data it is still a BUY. But market has corrected 20 points from Top.

After Europe Opening, Market will take a direction

2:00 PM
6030-6036 was given as the LOW and market made low of 6036.6
60 points from 6036 would be 6096. So one can short accordingly.
MAX CHG in OI changed to 6000-6200 as expected.
CE slightly more than PE indicating a SELL. MAX OI still at 5900-6000.

Total CHG in OI is also indicating a SELL So CEs are getting squared NOW.

Pair Trading : 5900-6000 Pair avilable now to Short around 95+. Only for risky Traders and only For Intraday because on Monday if there is a HUGE gapdown, this might end up in losses
 
Last edited:

healthraj

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

RELIANCE Trading for the Result

MAX OI at 880-940. So Reliance will not be able to cross 940 easily. Risky players can Sell Reliance for Targets of 880.

2:00 PM.
Reliance MAX OI still at 880-940. And Total OI indicates a SELL. But the MAX CHG in OI indicates a BUY. So you could wait and get the MAX CHG in OI - confirmation to go Short. May be there is some more UPSide left. But my feeling is on Monday it would be on Downside to meet 880-890
 

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