NIFTY Options Trading by RAJ

[jassinko]

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

bro...how did u chose cairn out of 12 trades OTP gave????

i am doing paper trade for last 1 week on all trades OTP gave....results are good but investment sometime goes till 7-9 lakhs...... can u help me to narrow down scripts.....

out of 12 trades today...4 SLs hit and other if square off now will gave approx 4-5k profit except MRF (which gave -22.5K loss)

thanks
jassi

 

[sabhlok_r]

bro...how did u chose cairn out of 12 trades OTP gave????

i am doing paper trade for last 1 week on all trades OTP gave....results are good but investment sometime goes till 7-9 lakhs...... can u help me to narrow down scripts.....

out of 12 trades today...4 SLs hit and other if square off now will gave approx 4-5k profit except MRF (which gave -22.5K loss)

thanks
jassi

Jassi... first level of filter was nifty trend. As I was short in nifty today @ 5480 so had only 3 scripts to pick from the 12. Checked the weekly chart of Cairn and it has a trendline sloping down which it touched y'day @ 325 spot. Henced entered the short today near 325 spot.

 

[Option.Trader]

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

Had gone short again at 5419, keeping a tsl of 5387 and relax for rest of day

 

[Option.Trader]

Had gone short again at 5419, keeping a tsl of 5387 and relax for rest of day

Prefer to let the trade take it out rather than predicting

 

[healthraj]

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

Those who bought at this levels, Can book Partial profit of 40 points. NIFTY now 5420 SPOT

 

[healthraj]

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

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..

Those who bought at this levels, Can book Partial profit of 40 points. NIFTY now 5420 SPOT

110 points from 5375 @ 5485. Book complete profit and enjoy your week end

 

[Option.Trader]

110 points from 5375 @ 5485. Book complete profit and enjoy your week end

Strange day, you made 100 points on long side and I on the downside

 

[DanPickUp]

Put holders have been f### U# on this expiry day, haven't they? How many did it kill?

 

[DanPickUp]

Strange day, you made 100 points on long side and I on the downside

Would mean you entered on the absolute top (5467) and left on the absolute bottom (5363)?

Or did I get that wrong? If so, do not worry to criticism me as we all learn permanently day by day.

Edit: Was searching for my mistake: You did not only one trade. Also your trades have been based on very clever thoughts. :thumb:

 

[DanPickUp]

110 points from 5375 @ 5485. Book complete profit and enjoy your week end

Checked that and that was a clever trade. :thumb::thumb: