General Trading Chat

[praveen taneja]

all calls added OI 45-50% is it short or long buildup???

 

[eku]

Thanks. I scalp for 20-50 paisa in smaller scrips (lot size 2000-4000) like Ashok leyland, Union Bank etc.

Which scrips do you trade in ?

reliance infra,tatasteel,DLF,tatamotors,UPL,bhartiairtel these are my basic daily watch list..

 

[jagankris]

all calls added OI 45-50% is it short or long buildup???

Long Build Up - I guess.

 

[Riskyman]

Long Build Up - I guess.

When calls get added into the system and puts unwind, It means that people have a bearish view implying that shorts are building up. When puts get added and calls unwind then its long building up.

 

[pareshR]

http://www.traderji.com/day-trading/89395-master-one-trick-only.html

This Thread is YTC Price Action

best answer for who every time searching AFLs




Dear friends. ( copy from avny Member)

i am a great admirer of Bruce lee and his one quote has changed the direction of my trading

“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.”

and it is absolute true in trading

there are so many system,strategies,and ideas,available in this forum,but you will notice,that,wile the person,who introduced that system,is making consistent profit,but others are not.

the main reason is that they are not ready to put the effort and practice required to trade that system a successfully

so as per my experience,to success in trading,you required only one system that suits your trading personality and then practice it 10000 times to make it a success.

remember,it is not the system that makes your trading a success,

it is your understanding of the system and then using it successfuly

and that comes only with practice

to be contd...........

 

[Blackhole]

I prefer nifty future for everything.

That's my gf and mistress

mine tooooooooo!:rofl:

 

[nifty trade]

http://www.traderji.com/day-trading/89395-master-one-trick-only.html

This Thread is YTC Price Action

Did you get my pm answer?

I am not sure pm is working

 

[jagankris]

When calls get added into the system and puts unwind, It means that people have a bearish view implying that shorts are building up. When puts get added and calls unwind then its long building up.

The rules change according to trend/support & reversals.

Any rule for trend is opposite to that of reversal and vice versa.

When calls gets added into the system at crucial support and puts unwind it means put writers are covering their profits and calls are getting added impending reversal.

 

[Blackhole]

Long Build Up - I guess.

i think short buildup for this month....long build up for next month.....bang bang on diwali /christmax.......donot take it seriosly:rofl:




market walks like elephant....we small retail traders follow trunk movement....then realize we should have followed elephant....till then party is over.....:rofl:

 

[Riskyman]

The rules change according to trend/support & reversals.

Any rule for trend is opposite to that of reversal and vice versa.

When calls gets added into the system at crucial support and puts unwind it means put writers are covering their profits and calls are getting added impending reversal.

There are only 4 rules and they dont change. BTW. Calls dont get added at support. They get added at resistance. Puts get added at support.


Long Build Up

The underlying asset will be consider as creating Long Build Up when both Price & Open Interest Goes up. When price goes up with Open Interest, there is expectation from derivative segment for the stock to go up further.

Long Unwinding

The underlying asset will be consider as Unwinding the Long Position when both Price & Open Interest Goes down. When price goes down with Open Interest, there is expectation from derivative segment for the stock to go down further.

Short Build Up

The underlying asset will be consider as Building Short Position when Price goes down & Open Interest Goes up.

Short Covering

The underlying asset will be consider as Covering the Short Position when Price goes up & Open Interest Goes down.