NIFTY Options Trading by RAJ

[gmt900]

I agree with your idea. debit spread may not be required. however on the put side would have be comfortable at strike 5600. thus we can go till expiry. if notice for last three yrs in oct nifty was range bound with high vol and feel same is happening now thus disturbing TA. Max Pain I feel will be between 5900 - 5800

Yes, but it will be possible to take corrective action if nifty starts going below 5750. Max open interest when I took the trade was at 6100 and 5700. Moreover, 6100/5700 pair was almost delta neutral

 

[anup0212]

Hi Raj, I would like to post No Trade Zone specially for days like Today , hope it should not be issue with you.
As long as No Trade Zone , no bear no bull and all level for SPOT ....so for today

5908 to 5870.....for me so if below 5870 , go for bear and above 5918 bulls...have a good trading day....

 

[healthraj]

I was away in the morning and so could not post any updates. As told Yesterday Market found support around 5900(5905) and bounced back to 6000.

Right now as per the Price movement, in 5 minute chart it is a Buy above 5903- Sell Call Triggered at 5962
In 15 minute chart, Buy Call Generated at 5913 and is still continuing.

As per OAT the Top is 6018 (Futures). 6000 is Bearish. To go above 6000, 6000 needs to become Bullish.

So the second session might be either FLAT or correct a little bit.

@1:30 pm : The top changed to 6095. the COI Range is 5700-6100 - So it might signal a FLAT Second session - Good for Credit Spreads

 

[Vikas Korde]

Right now as per the Price movement, in 5 minute chart it is a Buy above 5903- Sell Call Triggered at 5962
In 15 minute chart, Buy Call Generated at 5913 and is still continuing.

[/B]

from which sheet found this values

 

[healthraj]

from which sheet found this values

It is there in the "OAT" sheet. You can get the Pivot values for the NIFTY, 5min and 15 min and see the Price action

 

[healthraj]

INFY broke the NO Trading Range and is UP at 3082 now. Those who want to Buy Fresh should Buy above 3100

 

[healthraj]

I was away in the morning and so could not post any updates. As told Yesterday Market found support around 5900(5905) and bounced back to 6000.

Right now as per the Price movement, in 5 minute chart it is a Buy above 5903- Sell Call Triggered at 5962
In 15 minute chart, Buy Call Generated at 5913 and is still continuing.

As per OAT the Top is 6018 (Futures). 6000 is Bearish. To go above 6000, 6000 needs to become Bullish.

So the second session might be either FLAT or correct a little bit.

@1:30 pm : The top changed to 6095. the COI Range is 5700-6100 - So it might signal a FLAT Second session - Good for Credit Spreads

Just Watching 6000 CE and PE. 6000 PE is catching UP PE @ 3.79L and CE @ 3.83L. If PE becomes more than CE then it can give boost to the Bulls to make another 50 points.

 

[adg123]

Just Watching 6000 CE and PE. 6000 PE is catching UP PE @ 3.79L and CE @ 3.83L. If PE becomes more than CE then it can give boost to the Bulls to make another 50 points.

So, It would work...., Good analysis Raj.... I am learning a lot...!!!

 

[healthraj]

I was away in the morning and so could not post any updates. As told Yesterday Market found support around 5900(5905) and bounced back to 6000.

Right now as per the Price movement, in 5 minute chart it is a Buy above 5903- Sell Call Triggered at 5962
In 15 minute chart, Buy Call Generated at 5913 and is still continuing.

As per OAT the Top is 6018 (Futures). 6000 is Bearish. To go above 6000, 6000 needs to become Bullish.

So the second session might be either FLAT or correct a little bit.

@1:30 pm : The top changed to 6095. the COI Range is 5700-6100 - So it might signal a FLAT Second session - Good for Credit Spreads

NIFTY Broke Yesterday's High favouring another 50 points. So we might see 6045 today. 6000 Strike CE/PE also became Bullish

 

[healthraj]

The MAX Pain has changed from 5850 to 5900 (Hope those using Option Oracle also see only 5900). That would means even though the MAX OI is at 6100, this rally can go to 6150 (240 points from 5900) Levels. So do not be in a Hurry to Take Shorts at 6100. But also do not be over cautious and miss the Shorts