NIFTY Options Trading by RAJ

[srinivas.vrv]

dear healthraj.
do you have any trading ideas for INFY for today and tomorrow.

 

[healthraj]

There is a FLAG formation in NIFTY. It is a BUY Above 6033 and SELL BELOW 5995.

 

[healthraj]

Since the MAX OI for BANKNIFTY has changed to 11000 from 10000, BNF would be BUY on DIPs for Target of 11000

SELL YESBANK At 350 for target of 320 and 300

Both the above calls are Positional Calls and not For Intraday

 

[healthraj]

Revisiting INFY data on how to take positions tomorrow.

First of all INFY Looks little bit Tricky now because the IV has dropped.

The MAX OI Range is at 2600-3500 also looks very dangerous because it is a very broad range. 3500 is around 15% away from current Level of 3100, which would seem possible. 2600 from 3100 means INFY need to make 500 points movement, which is also possible for INFY ..

The VOLT has come down today from 66% Yesterday to 62% today. So we have to watch the INFY IV tomorrow. Last week it was 55%.

Tomorrow we will look at the INFY data at 10 AM, 12 PM and 3 PM. We will take our positions after 3 pm tomorrow, if we feel that we have a Safe trade.

May be there is one more indicator : MAX Pain . MAX Pain of INFY is at 3050

10:00 AM Update : The AVG VOLT which was 62% yesterday has increased to 65%. From an Intraday Perspective OAT indicates a BEAR. But since the MAX Pain @ 3050 was broken yesterday I would expect INFY to move UP by at least 5% from 3050, which would be 3200.

The CE VOLT is 60.23 an PE VOLT is at 70.34. So I think PEs getting Short more than the CEs. So the Bias is towards UP.

For Intraday, As per Price Movement, BUY ABOVE 3135 and SELL BELOW 3095. Prices are in SPOT
Let us do a Check at 12 again

 

[Cubt]

SELL YESBANK At 350 for target of 320 and 300

Raj,

What is the Stop Loss for this positional call.

 

[healthraj]

There is a FLAG formation in NIFTY. It is a BUY Above 6033 and SELL BELOW 5995.

In the 15 min chart, As per Pivots Sell Generated at 6020 SPOT, Stoploss can be 6033. Small Stoploss. But it is still in the FLAG.

 

[healthraj]

Raj,

What is the Stop Loss for this positional call.

If it is Index, I would keep 1% and if it is a Stock I would keep 2%. May be the Positional Traders can give some expert opinion.

 

[healthraj]

There is a FLAG formation in NIFTY. It is a BUY Above 6033 and SELL BELOW 5995.

In the 15 min chart, As per Pivots Sell Generated at 6020 SPOT, Stoploss can be 6033. Small Stoploss. But it is still in the FLAG.

@10:58 AM: 5995 broken and SELL Triggered as per 15 min FLOW method.

 

[sabhlok_r]

Raj, 6500ce @ 12(cmp 12.80) and 5300pe @12(cmp 11.30). Bought both in anticipation of infy doing a 10% change tomorrow (which way does'nt matter).
Your comments pl....

 

[healthraj]

In the 15 min chart, As per Pivots Sell Generated at 6020 SPOT, Stoploss can be 6033. Small Stoploss. But it is still in the FLAG.

@10:58 AM: 5995 broken and SELL Triggered as per 15 min FLOW method.

NIFTY SPOT made low of 5980. Hope you closed the Shorts. New Levels to Enter BUY ABOVE 6020 and SELL BELOW 5980. In 5 minute chart BUY Call Generated at 5997 but in the 15min Chart it is still in FLAG mode. OAT Bias is still DOWN