Nifty Futures Trading Part 2 (Positional)
- Thread starter Czar
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- Tags acd method logical trader nifty futures nifty positional trade nifty trading vix
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U.S. Economy: Jobless Rate Climbs to 14-Year High ....
So dudes even if dow seems very cute today...dont go for longs..the effects of this news might be seem around noon Indian time when all of us tend to look at the US futures on Monday...they would for sure be down...so stick to Your plans and Our news....Dont burn Your fingers...
So dudes even if dow seems very cute today...dont go for longs..the effects of this news might be seem around noon Indian time when all of us tend to look at the US futures on Monday...they would for sure be down...so stick to Your plans and Our news....Dont burn Your fingers...
So you are bullish from 2750 to 3050 ?
I persons who have already learnt and can interpret, why should I learn ?
My brain is ossified and learning is out of question for me.
Keep up the charts and the interpretations.
Cheers!!!
j.
Dear pkamlesh:
My attitude is to believe that others know better than me.
Aggression - Yes I am prepared to take high risks.
Too learned - There is a misunderstanding. I want to apply others interpretations as I cannot make my own interpretations.
Sorry to waste your time but I want to be clear about something. I do not feel bad about asking stupid questions.
As per your interpretation I should sell below 2750 and buy above 3050 ? I should sit tight between 2750 and 3050.
If you are wrong the risk is mine and only mine.
If you come near targets, I shall thank you.
Cheers,
j.
My attitude is to believe that others know better than me.
Aggression - Yes I am prepared to take high risks.
Too learned - There is a misunderstanding. I want to apply others interpretations as I cannot make my own interpretations.
Sorry to waste your time but I want to be clear about something. I do not feel bad about asking stupid questions.
As per your interpretation I should sell below 2750 and buy above 3050 ? I should sit tight between 2750 and 3050.
If you are wrong the risk is mine and only mine.
If you come near targets, I shall thank you.
Cheers,
j.
Dear Alex -
Max Call Chg in OI has happened at 3400 and Put Chg in OI at 2500.
Data for 07 Nov. (Sorted by Chg in OI)
Strike PE/CE OI CHG IN OI
-----------------------------------------
2500.00 PE 2781050 1112400
2300.00 PE 2173750 460950
2700.00 PE 2966250 339750
2900.00 PE 2664766 320550
2800.00 PE 2695350 243450
2600.00 PE 1512650 141200
3000.00 PE 1653450 122750
Strike PE/CE OI CHG IN OI
-----------------------------------------
3400.00 CE 2613000 745700
3000.00 CE 2241000 443850
3300.00 CE 1916600 336950
3100.00 CE 1986350 314150
3200.00 CE 2400350 257000
3500.00 CE 1322450 74400
Wanted to understand the chart.... Highest Call written/Highest Put written in the chart --- is it based on OI/Chg in OI . Thanks in advance.
Regards
Inspire.
Max Call Chg in OI has happened at 3400 and Put Chg in OI at 2500.
Data for 07 Nov. (Sorted by Chg in OI)
Strike PE/CE OI CHG IN OI
-----------------------------------------
2500.00 PE 2781050 1112400
2300.00 PE 2173750 460950
2700.00 PE 2966250 339750
2900.00 PE 2664766 320550
2800.00 PE 2695350 243450
2600.00 PE 1512650 141200
3000.00 PE 1653450 122750
Strike PE/CE OI CHG IN OI
-----------------------------------------
3400.00 CE 2613000 745700
3000.00 CE 2241000 443850
3300.00 CE 1916600 336950
3100.00 CE 1986350 314150
3200.00 CE 2400350 257000
3500.00 CE 1322450 74400
Wanted to understand the chart.... Highest Call written/Highest Put written in the chart --- is it based on OI/Chg in OI . Thanks in advance.
Regards
Inspire.
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gr8 i hv company then 
.. inspire my data is not change in open interest, its open interest put call ratio, i take 10 most active puts and 10 most active calls of day n divide each other n make data n feed to sw, thats our oinpcr, change in o.i. also helps, hope u or some one else makes it as doing all for one person is too hectic.
edit add : in ceper window candles above side is days most active calls n bottom side of each candle is always days most active put.
.. inspire my data is not change in open interest, its open interest put call ratio, i take 10 most active puts and 10 most active calls of day n divide each other n make data n feed to sw, thats our oinpcr, change in o.i. also helps, hope u or some one else makes it as doing all for one person is too hectic.edit add : in ceper window candles above side is days most active calls n bottom side of each candle is always days most active put.
Last edited:
Hi all, back fm the wknd at last. here posting two charts.
First study observed from last a-b-c rally in aug'08 whn we moved up to 4654 fm 3751. we went upto 4537 and then 4162 (a&b.. conncted by blue lines) and extended 61.8 exactly from bottom and blasted all the way to 4654 and made final top. but see i draw 2 BLUE DOTS on the way to 4654.. Closely watch those dots , those r pegged at 23.6 and 38.2% fibs extension.. its the place whr it took resistances exactly on the way to its 4654. This time we went upto 3298 fm 2228 and surely its a upmove against the fall 4654-2228, dont know whether its a or c, but if we go by history 61.8% of 2228-3298 fm the lowest we made 2 days back 2854 will be at 3513. so thats a C projection we get , if we hold this 2854 low.
and of course with help of history if it takes resistance at 23.6 and 38.2 on the way to its 3513 (if only 2854 holds), levels will be 3108 and 3265 respectively.
so levels to watch for intra and short term are 3028/3030 (last day tgt given, hit at 3027, so still its a resistance), 3108 and 3265 ,3513 . sub levels will unfold as the movement progresses.One thing more is 3513 is at exactly same place whr a gap occurred during the 5 wave down move.
2nd pic is of yday intra , 3030 tgt posted, high made 3027, but the thing to watch is the low it made after 3027 ,thats 2955. its the exact 50% retracement level of friday high-low thats 2883-3027, so we r holding 50% convincingly fm 1 min intraday chart. and if now the high 3027 is taken out , the level to watch wud be ,
3027-2883 * .618 = 3115 (almost same place fm above charts 23.6% extension fm 2852).
so 3108-3115 wud really be the level , i'll watch out for intra, but it'll be important for the impending up move also, if there wud be any.
First study observed from last a-b-c rally in aug'08 whn we moved up to 4654 fm 3751. we went upto 4537 and then 4162 (a&b.. conncted by blue lines) and extended 61.8 exactly from bottom and blasted all the way to 4654 and made final top. but see i draw 2 BLUE DOTS on the way to 4654.. Closely watch those dots , those r pegged at 23.6 and 38.2% fibs extension.. its the place whr it took resistances exactly on the way to its 4654. This time we went upto 3298 fm 2228 and surely its a upmove against the fall 4654-2228, dont know whether its a or c, but if we go by history 61.8% of 2228-3298 fm the lowest we made 2 days back 2854 will be at 3513. so thats a C projection we get , if we hold this 2854 low.
and of course with help of history if it takes resistance at 23.6 and 38.2 on the way to its 3513 (if only 2854 holds), levels will be 3108 and 3265 respectively.
so levels to watch for intra and short term are 3028/3030 (last day tgt given, hit at 3027, so still its a resistance), 3108 and 3265 ,3513 . sub levels will unfold as the movement progresses.One thing more is 3513 is at exactly same place whr a gap occurred during the 5 wave down move.
2nd pic is of yday intra , 3030 tgt posted, high made 3027, but the thing to watch is the low it made after 3027 ,thats 2955. its the exact 50% retracement level of friday high-low thats 2883-3027, so we r holding 50% convincingly fm 1 min intraday chart. and if now the high 3027 is taken out , the level to watch wud be ,
3027-2883 * .618 = 3115 (almost same place fm above charts 23.6% extension fm 2852).
so 3108-3115 wud really be the level , i'll watch out for intra, but it'll be important for the impending up move also, if there wud be any.
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