General Trading Chat

[wisp]

pressure building between 7180 and 7140, direction will be decided after Europe i guess

 

[Fundootrader]

Not an expert in OI chain but something is going on.......... 7000 and 7200 put has highest change in OI, meanwhile not much addition in any call strike except 7300 (not much)........so my two cents still to touch 7300 by tomorrow........ today max down till gap filling and then closing around 7140.......lets see

You are right - 7000 & 7200 PE write happening - 7000 becoming the base.

7250 CE OI increase adds to confirmation of movement

 

[Fundootrader]

pressure building between 7180 and 7140, direction will be decided after Europe i guess

Dax cutting losses indicating we will move up post europe open

 

[vikas2131]

Anything is possible in market..i felt market could go down..i said it..i still have sell signals so i would rather stick with my system rather than be swayed by other things

 

[Fundootrader]

Anything is possible in market..i felt market could go down..i said it..i still have sell signals so i would rather stick with my system rather than be swayed by other things

That is best think to do - follow your system - and biggest "cut the noise" - which can influence you

 

[Fundootrader]

hdfc bank moving up and holding any fall- indicating strength in market

 

[timepass]

BNF 2 min : Inv. H&S possible. I guess will break the HOD if significantly crosses the ATP.

 

[Fundootrader]

You are right - 7000 & 7200 PE write happening - 7000 becoming the base.

7250 CE OI increase adds to confirmation of movement

Pattern formation completed

 

[wisp]

ST Da,
Right now in 3 min IDF, are we in visual sideways within lower level visual downtrend?

 

[TradeOptions]

Nifty Option Chain at the moment -

Regards