NIFTY Options Trading by RAJ

[healthraj]

MAX Pain has shifted from 5500 to 5600. So hopefully market will expire around 5600 this series. 5500 PE also has max positions and so it would be a BUY around 5480 Levels

 

[chintan786]

MAX Pain has shifted from 5500 to 5600. So hopefully market will expire around 5600 this series. 5500 PE also has max positions and so it would be a BUY around 5480 Levels

are u taking into consideration roll over too as we just having 2 days of trading days before expiry as 28th is holiday.

 

[healthraj]

MAX Pain has shifted from 5500 to 5600. So hopefully market will expire around 5600 this series. 5500 PE also has max positions and so it would be a BUY around 5480 Levels

Made low of around 5470 and now 5480. As per FIBO Buy Above 5490 for Target of 5525. Levels in Futures. Previous High was 5526.8.

 

[healthraj]

are u taking into consideration roll over too as we just having 2 days of trading days before expiry as 28th is holiday.

That is a good input. I am just looking at the MAX Pain. MAX Pain has changed back to 5500

 

[healthraj]

Made low of around 5470 and now 5480. As per FIBO Buy Above 5490 for Target of 5525. Levels in Futures. Previous High was 5526.8.

The BUY was not triggered, Since nifty made low of 5458, the BUY would be triggered above 5480. OAT is still indicating a STRONG BULL

 

[healthraj]

It is a STRONG BULL this morning. 5500 PE has been Shorted Heavily with around 13L positions, favouring BULLs. CEs are also getting squared Off. BEARs are not showing any heavy positions. So it seems to be a one side market for now.

5500PE COI was UP by 18L and now it is 17L

 

[healthraj]

The BUY was not triggered, Since nifty made low of 5458, the BUY would be triggered above 5480. OAT is still indicating a STRONG BULL

Finally as per the FIBO the BUY was triggered above 5477- Target is 5510

 

[Option.Trader]

Finally as per the FIBO the BUY was triggered above 5477- Target is 5510

Well would have chopped out either way

 

[arcus]

New tentative trendline?

 

[healthraj]

The 250 points reversal at 5525 happened but the Options did not give me a good result because I took the 5300 PE. I should have may be taken the 5600 PE.