NIFTY Options Trading by RAJ

[healthraj]

The MAX Pain has changed from 5800 to 5850 - 50 points which is a Bullish signal. We should see the TOP as at least 240 points from 5850 which would be 6090 (or 6100 - Futures Price) which is also the MAX OI @ CE. So take the Chance and Buy 6200 CE / 6300 CE.

 

[healthraj]

The Banking stocks are pulling the NIFTY down. BANKNIFTY which made a HIGH of 10530 is now at 10330 - down by 200 points. Remember the MAX OI of BANKNIFTY is still at 9500-10000 and is forcing the BANKNIFTY to trade near the 10000. The MAX Pain for BN is also at 10000. So unless the Range of 9500-10000 changes to a more broader range, BANKNIFTY would be trading in this Tight range of 10000-10500

 

[prabhsingh]

5950 is becoming good support for Nifty SPOT and resistance is at 5980.

 

[healthraj]

NIFTY Analysis for Today

As per Price Action Buy NIFTY above 5985 SPOT. Sell Below 5945 SPOT.

As per OAT, not much volume in Options. So better to wait and take a call.

The MAX OI still at 5700-6100. So as I have been telling 6100 is very much possible in this week. So Risky can buy 6200 CE 65 or 6300 CE @ 38

Once again the unexpected. SELL Triggered below 5945 SPOT

 

[anup0212]

raj bro, i think we need to keep in mind this week are going to start our result session so all this is pure operator play...no bear no bull...i think max pain shifted from nifty to retailer like us ...small bachaas...no worry we will see how much this drama they(operator)bugger want to give we shd close above...let see...else we will again run thru sceanrio we discussed last friday...what do u say ?

 

[healthraj]

Once again the unexpected. SELL Triggered below 5945 SPOT

As per the Price Action, Close your Short if NIFTY SPOT moves above 5942. Otherwise Stay Short. So NIFTY SPOT above 5942 is a Buy. So NIFTY has not really moved from SELL Trigger Price

 

[timepass]

As per the Price Action, Close your Short if NIFTY SPOT moves above 5942. Otherwise Stay Short. So NIFTY SPOT above 5942 is a Buy. So NIFTY has not really moved from SELL Trigger Price

Nifty spot spiked above 5940. What would you recommend ?

 

[trader15]

Nifty spot spiked above 5940. What would you recommend ?

रूका रह aur short kar

 

[timepass]

रूका रह aur short kar

hmmmmmmm.. still holding puts. Currency is weak today.

 

[trader15]

hmmmmmmm.. still holding puts. Currency is weak today.

I lost lots of money today in trying to catch up move in ce,s


Now converted to 5700 pe and holding them with 1 week horizon. Mkt may move up, but Macro and month of oct giving confidence.

And I think RBI should come up with new measure, for cushioning which they announced the MSF cut yesterday. And as u can see though banks r up, still mkt hasn't moved that great