NIFTY Options Trading by RAJ

[healthraj]

It is a Buying Opportunity at 5375-5380 SPOT, because it is the channel support. Most probably it would not be broken

 

[sabhlok_r]

Raj....though it is not relevant here but just wanted to communicate that I went short in Cairn fut @327 today, using your OTP tool... already in 2 rs profit
This is my first trade using OTP.....

Pl confirm if it is ok to use this thread for posting OTP trades...and thanks a ton for sharing it..:thumb:

squared off Cairn short @ 321..... 6 rs profit...thanks once again Raj...:thumb:

 

[thanibee]

Sorry for the newbie question. I started using the OAT Tool from this morning only. The max pain was showing 5500 in the morning and after the fall has moved to 5400. What does that imply?

 

[arcus]

can you please show positive divergences on macd and rsi on charts ? will be helpful

Read this

Its a few days old post but the positive divergence was visible since then.

 

[healthraj]

Sorry for the newbie question. I started using the OAT Tool from this morning only. The max pain was showing 5500 in the morning and after the fall has moved to 5400. What does that imply?

No the MAX Pain is still at 5500. Do the changes to not take the XX50 strikes into account for MAXPain calculation because there is no volume in xx50 strikes

 

[healthraj]

squared off Cairn short @ 321..... 6 rs profit...thanks once again Raj...:thumb:

All the credit goes to you and not to me or the Tool

 

[Option.Trader]

All the credit goes to you and not to me or the Tool

Would greatly appreciate Raj if you could look into the issues that some of us are facing with OTP

 

[Option.Trader]

Long term support(5480) acting as resistance now.I'm shorting with a stop loss of 5480 to see if it works out. 5452 could be used as stop loss for conservative traders

Made almost 60 points (5441-5387), still don't see aggressive buying, for people still holding, 5434 and 5452 are the resistance to beat for an upmove

 

[healthraj]

Made almost 60 points (5441-5387), still don't see aggressive buying, for people still holding, 5434 and 5452 are the resistance to beat for an upmove

The buying will come at 5375-5385 SPOT levels because that is were most of the traders who are Short will off load their positions. Market is still trading above 5400..

 

[Option.Trader]

The buying will come at 5375-5380 SPOT levels because that is were most of the traders who are Short will off load their positions. Market is still trading above 5400..

Kind of tricky, even at 5387, very low volumes of buying, even if buying need to keep strict 10 points stop loss, it might just open up