Nifty Futures Trading Part 2 (Positional)

[coolboy007]

Atleast our Da gave some respect ( 0.50 paise margin) to RIL -the king and mukesh.
GM wasnt shown any respect at all 0$ mind blowing why even give analysis , just say its not worth.

Dow baba also strugglin , i thought would be able to get out of my longs but chances seems scarce now.

It seems Satda is rotating the bear modem to each % every country 1 by 1.
Where is Czar sir these days , when sunil sir comes he vanishes and vice versa , the threads are so quite these days. Mujh jaison ko Nifty fut thread pe post karna pad raha hai , yeh forum ke liye sharm ki baat hai

 

[orderflow13]

Open interest put call ratio is not sustaining the level of 1.45 since bear rally started ( before it was above 2 thing ).Right now its on 1.45.Two resistance lines drawn are pivot resistance on daily chart.Prices may lock in that range as supply is awaiting over there.So now on strategy is, righting the calls on R1 ( n cover if r1 breaks) n r2 ( n cover if r2 breaks )

 

[orderflow13]

 

[S S]

Open interest put call ratio is not sustaining the level of 1.45 since bear rally started ( before it was above 2 thing ).Right now its on 1.45.Two resistance lines drawn are pivot resistance on daily chart.Prices may lock in that range as supply is awaiting over there.So now on strategy is, righting the calls on R1 ( n cover if r1 breaks) n r2 ( n cover if r2 breaks )

Pardon me, but I would adopt a different strategy :

First, when you wish to write Calls, you ar certain that one or the other resistance has to be effective to send the market down.

And if so, write Calls at R1, and if it breaks, just buy Futures to hedge it, till it gets rebound from R2.

And even if does NOT.... play cool. You are safe anyway. Whenever some resistance is effective, and the market turns around, square-off the futures... and may be, try going short on them.

That would be my strategy... but individuals differ
Cheers!

 

[orderflow13]

well there is one query about ceper window ( by PM) thought explanation here wd be more useful to other members also.
qs was on my quote ' in ceper window candles above side is days most active calls n bottom side of each candle is always days most active put '
qs. is ' when you say , most active call, what parameter are you using to determine the most active call /put for the day. Reason is because your yesterdays most active call is showing near 3200 , however if we consider OI/Chq in OI as a parameter for considering most active then it should have been 3400 , similarly on the down as well , most active put was 2500 yesterday'

answer - when we say change in open interest, that means FRESH INTEREST in new prices, BUT ITS NOT A ' CONSENSUS PRICE '
and when we say most active call ( where highest call sold and brought ) we interpret it as ' CROWDS CONSENSUS PRICE BEEN HIGHLY DEBATED BY SMART MONEY' .I am talking about the SMART MONEY who made huge some by baiting against the crowd hence the logic of using it.
And thanks mate for asking right qs. and again appealing other friends, one can make change in open interest indicator based on same logic which is also highly useful, usually i take a look on it but making it in graph is above my energy as all knew how lazy i am lolzz.

 

[orderflow13]

Pardon me, but I would adopt a different strategy :

First, when you wish to write Calls, you ar certain that one or the other resistance has to be effective to send the market down.

And if so, write Calls at R1, and if it breaks, just buy Futures to hedge it, till it gets rebound from R2.

And even if does NOT.... play cool. You are safe anyway. Whenever some resistance is effective, and the market turns around, square-off the futures... and may be, try going short on them.

That would be my strategy... but individuals differ
Cheers!

what if i have some long positions in equity since years of my grandpa investor ..lol lol just joking, u hv a good point,

 

[inspire]

Pardon me, but I would adopt a different strategy :

First, when you wish to write Calls, you ar certain that one or the other resistance has to be effective to send the market down.

And if so, write Calls at R1, and if it breaks, just buy Futures to hedge it, till it gets rebound from R2.

And even if does NOT.... play cool. You are safe anyway. Whenever some resistance is effective, and the market turns around, square-off the futures... and may be, try going short on them.

That would be my strategy... but individuals differ
Cheers!

Second it..... Thnx inspire.

 

[pkamalesh]

 

[pkamalesh]

Small modification...forgot to add tomorrow's support line ( dotted blue line) at 3007

 

[satyamsit]

hi all.. posting 2 charts at first.
First one showing thattrend line again we was drwan way back. we r again on the verge of brking it (doesnt mean it brks easily), but as long we r closing below this one every upmove will be hit more brutally. so unless we r cossing above this one , no longs for me now for 1-2 days positional view, closing above that can play long a bit for couple of days.

2nd chart makes me take more interests in it. last time closing basis top was at 3161.90 and we hit upper trend line, and on last session we closed at 3160, thats at per with the last closing basis higher pivot. But RSI makes a advanced breakout here. So...... do we have a chance to brk above that trend line? yes we do, but thats not a good excuse for a trader to take a position. so what can we do? chart is looking good, but let give it the confirmation. Even the RSI has taken support on the t.l it broke up (red arrow).
So on one hand it cudnt cross the t.l barrier and on other hand indicators looking poised for a higher value. But its price and only price which will comfirm the strength on the upside. We have to close above 3162 in any case. i personally feel we r at very crucial stage and a stage whr we can only wait n watch. (positional views).