NIFTY Options Trading by RAJ

[anto_bonn]

Hi I am novice. I see most of you talk only about technicals. Is it possible to make any money with fundamental strategies in options market

 

[trader15]

:lol::lol::lolo masti but be in limit:rofl:

That was the last post on that topic

 

[varesh.et]

Hi Raj or other Friends,

I came to know about the option oracle but not sure how to set up the Strategic wizards especially the indicators which will be very powerful to screen the correct stocks, if you guys help me on this it will be really great.

 

[healthraj]

The Trend is still UP. So hold the 6000-6200.

Based on the Volume, the Call NOW would be to

Buy 6300CE @ 40
SELL 6100PE @ 40

 

[healthraj]

The MAX OI is still 5700-6300. So wait for 6300 to be touched before taking any Shorts. The MAX Pain is at 6000

The MAX COI is at 6100-6100 which is ideal for a Strong movement on Either side. Right now 6100-6100 indicates Bullish

 

[healthraj]

The Trend is still UP. So hold the 6000-6200.

Based on the Volume, the Call NOW would be to

Buy 6300CE @ 40
SELL 6100PE @ 40

Book Partial Profit.

6300CE @ 45 6100PE @ 36

 

[gmt900]

The MAX OI is still 5700-6300. So wait for 6300 to be touched before taking any Shorts. The MAX Pain is at 6000

The MAX COI is at 6100-6100 which is ideal for a Strong movement on Either side. Right now 6100-6100 indicates Bullish

Max put OI remains at 5700 inspite of the strong upward movement of nifty.
What could it be indicative of?

 

[healthraj]

The MAX OI is still 5700-6300. So wait for 6300 to be touched before taking any Shorts. The MAX Pain is at 6000

The MAX COI is at 6100-6100 which is ideal for a Strong movement on Either side. Right now 6100-6100 indicates Bullish

The 6400CE has 42L as OI. So Do not rush your Shorts at 6300. The Market can goto 6400 Levels also.

 

[healthraj]

Max put OI remains at 5700 inspite of the strong upward movement of nifty.
What could it be indicative of?

On Friday actually the MAX OI in the PE side changed to 6000 and then changed back to 5700. So 5700 can change anytime to 6000. So if the MAX OI changes to 6000-6400 then the MAX Pain would change to 6200/6100.

 

[healthraj]

The MAX Pain of BANKNIFTY is slowly shifted from 10000 to 10500. So if 10500 were to be the MAX Pain then BANKNIFTY can test 11500 or 12000. The next immediate Resistance is at 11000