NIFTY Options Trading by RAJ

[Maddy123789]

Dear raj...

Started trading as per ur OAT and went long around 6200.. Earned good pft.. Thanks .. God Bless you.

YES RAJ Very helpful
First time i went short on 6400ce n carried last week as per Yr OAT sheet n gave mei nice 45points...

TOO GOOD...

THANX ..

 

[healthraj]

NIFTY is moving majorly due to the BANKING Stocks. BANKNIFTY Max Pain changed from 11500 to 11400 when the BANKNIFTY was trading near 11200. So 11400 might be the next Resistance.

BANKNIFTY SPOT made high of 11398 and so the RESISTANCE at 11400 worked

100 points in BANKNIFTY for those who Took SHORT with 11400 as the RESISTANCE.

 

[BabaMagic]

Afternoon All,

One may take a risk trade & go short on nifty futures/buy PE in limited qty if & only if Nifty Spot breaks below 6235 now.

There is high probability of Nifty Spot going below 6200 today.

Thanks!

 

[healthraj]

Dear raj...

Started trading as per ur OAT and went long around 6200.. Earned good pft.. Thanks .. God Bless you.

YES RAJ Very helpful
First time i went short on 6400ce n carried last week as per Yr OAT sheet n gave mei nice 45points...

TOO GOOD...

THANX ..

Good that you are making profit. In Range bound days like these, Please take quick profits of 40-60 points.

 

[dprikka]

GA Raj sir
Raj sir you told that "For Today 6300 is Bearish and so 6300 SPOT might not be crossed today "
How you know that and one more question why to look at spot instead of nifty future?

Thanks

 

[healthraj]

GA Raj sir
Raj sir you told that "For Today 6300 is Bearish and so 6300 SPOT might not be crossed today "

Today looking at the OI build up between 6200 and 6300, 6200 was bullish and 6300 was Bearish.
Another Reason was after nifty went up to 6280, the COI changed to 6200-6500, which indicates that it would be FLAT. For Trending the MAX COI should be at 6200-6300

How you know that and one more question why to look at spot instead of nifty future?

Excepting the "Projected Levels" all other Levels in OAT should be considered as SPOT levels only. For Example when we say the MAX OI for CE @ 6400. Then 6400 denotes SPOT. Today one more reason for bounce is also that MAX Pain is at 6200 and so whenever market comes down and hits the MAX Pain the First time, it will Definitely Bounce. NIFTY SPOT made low 6207 today.

 

[prabhsingh]

Afternoon All,

One may take a risk trade & go short on nifty futures/buy PE in limited qty if & only if Nifty Spot breaks below 6235 now.

There is high probability of Nifty Spot going below 6200 today.

Thanks!

I agree with same and levels that needs to be watched closely are 6190 where i think it would be more sensible to go Long.

 

[Maddy123789]

As per charts 6240 Fut was damm crucial n OAT was indicating 6200pe has MAX COI so it was good indication that 6240 will hold ... n i got almost 100points from bottom ...

THANX RAJ SIR

:clapping::clapping::clapping::clapping::clapping::clapping:

 

[healthraj]

Afternoon All,

One may take a risk trade & go short on nifty futures/buy PE in limited qty if & only if Nifty Spot breaks below 6235 now.

There is high probability of Nifty Spot going below 6200 today.

Thanks!

I agree with same and levels that needs to be watched closely are 6190 where i think it would be more sensible to go Long.

Yes you can go Short below 6260. 6260 is the Pivot Line in the 6 minute chart. Hourly chart trend is still negative. In the 6 minute chart the Short Triggered at the third attempt to go past 6287. Risky can take short now with 6289 as the Stoploss

 

[healthraj]

Yes you can go Short below 6260. 6260 is the Pivot Line in the 6 minute chart. Hourly chart trend is still negative. In the 6 minute chart the Short Triggered at the third attempt to go past 6287. Risky can take short now with 6289 as the Stoploss

SHORT In Progress. 6230 SPOT and 6200 SPOT could be next SUPPORT Levels. Those who took the Short around 6275 Levels can book 30 points profit at current Levels of 6240