General Trading Chat

[mudraatrader]

BNF 16477 de do baba ji
abhi 16385 hai

 

[rjshem]

Nifty if pivots and breaks high above first bar 5 mins can give good upmove .if fails comes below first bar then also good move possible to downside.

 

[RockyRobust]

Parents waala bahut zabardast hai. :rofl: :rofl:

 

[manish9300]

Nifty if pivots and breaks high above first bar 5 mins can give good upmove .if fails comes below first bar then also good move possible to downside.

sir,you mean mpl above first 5min bar and then break of mph?

 

[Blackhole]

It seems traders have decided that 8000 is going to be the High for this month.Highest call OI at 8000 now by fair margin which makes 7500 as probable monthly low though put OI is still not highest at this level as yet.This is based on expectation of monthly range of around 500 points.

it seems low is 7400....huge long unwinding happening in calls of this strike and below.(implied volatility below 15)...max pain still intact @7800...but as end of week should recover.

 

[ap*]

Loss in oi at 7800 or and 7450 or showing bullish signs even though IV for puts is still up.

 

[manish9300]

it seems low is 7400....huge long unwinding happening in calls of this strike and below.(implied volatility below 15)...max pain still intact @7800...but as end of week should recover.

So you noticed activity at 7400.:thumb:

 

[rjshem]

sir,you mean mpl above first 5min bar and then break of mph?

Manish i meant first mph above first 5 min bar of today which has formed nicely .

 

[manish9300]

Loss in oi at 7800 or and 7450 or showing bullish signs even though IV for puts is still up.

I give more weight to IV as it is more stable.

 

[manish9300]

Manish i meant first mph above first 5 min bar of today which has formed nicely .

But not much room as it could be just a gap closing move.Days range would be 80 points when that gets hit.Only a big reversal can give extended range....and i am not getting any confirmation for such move as of now.Still anything can happen.