NIFTY Options Trading by RAJ
- Thread starter healthraj
- Start date
- Tags nifty options chain raj oat
NIFTY as per OAT is Bearish.
As per Price movement it is in FLAG. But the FLAG Range is huge and could be good for Range Traders. The Range is 6000 to 6105. So Buy above 6105 and Sell below 6000. Probably this Range should condense in some time and create an opportunity for FLOW traders. But going by the MAX OI @ 6100, it would be a Sell around 6100-6150 for Target of 5900 or Lower - Positional. For Intraday the Direction is not clear
As per Price movement it is in FLAG. But the FLAG Range is huge and could be good for Range Traders. The Range is 6000 to 6105. So Buy above 6105 and Sell below 6000. Probably this Range should condense in some time and create an opportunity for FLOW traders. But going by the MAX OI @ 6100, it would be a Sell around 6100-6150 for Target of 5900 or Lower - Positional. For Intraday the Direction is not clear
Yeah..with only few minutes left when i about to write options then realizing not having enough margin, i should have opted out of the trade instead of buying options with the money i had. 
Its okay.. part of business blunder. :annoyed:
Will continue to stick to what i do best. Trading Nifty Futures Positional. Not in a hurry to recover my loss. Let me stick to my proper position size and continue to trade. Let it take months/years to recover my loss but i need ensure that i stay in this business for long term. :thumb:
Its okay.. part of business blunder. :annoyed:
Will continue to stick to what i do best. Trading Nifty Futures Positional. Not in a hurry to recover my loss. Let me stick to my proper position size and continue to trade. Let it take months/years to recover my loss but i need ensure that i stay in this business for long term. :thumb:
The MAX Pain could be either 5850, 5900 or 5950. It could not be at 5920.
Yes if MAX OI does not change to higher than 6100, then it would act as the Resistance and it would be a SELL. In the morning the market opened at 6105 and it crashed to 6047 and now trading at 6080. But you have to be careful because the Largest COI is at 6200 - 10L. So market might want to Test 6200NF
Yes if MAX OI does not change to higher than 6100, then it would act as the Resistance and it would be a SELL. In the morning the market opened at 6105 and it crashed to 6047 and now trading at 6080. But you have to be careful because the Largest COI is at 6200 - 10L. So market might want to Test 6200NF
Yes the Prediction did work, especially on the highlighted part. I did feel that pain and even wanted to quit trading. So far it has worked. So let us see if the market goes to 6140/50. That would complete this Rally and market can happily go Down. So those who are confident can Buy some Naked puts now. Have 50% of your Option capital to Buy around 6140. But 6140 is not very certain. The market always want to create and expectation and cheat .
I did mention For Retail Traders, my opinion would be to stay away from market from 07-Oct to 10-Oct and Play for 11-Oct. But I myself did not follow that and Deeply FELT the Pain
I did feel that pain and even wanted to quit trading. So far it has worked. So let us see if the market goes to 6140/50. That would complete this Rally and market can happily go Down. So those who are confident can Buy some Naked puts now. Have 50% of your Option capital to Buy around 6140. But 6140 is not very certain. The market always want to create and expectation and cheat .I did mention For Retail Traders, my opinion would be to stay away from market from 07-Oct to 10-Oct and Play for 11-Oct. But I myself did not follow that and Deeply FELT the Pain
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