NIFTY Options Trading by RAJ

[Maddy123789]

6240 acted as a good support yesterday n now since nifty is below those levels shorting with a sl of Above 6240 will b a good trade..

MY VIEW TRADE AS PER YR ANALYSIS.... :thumb::thumb:

 

[Maddy123789]

6240 acted as a good support yesterday n now since nifty is below those levels shorting with a sl of Above 6240 will b a good trade..

MY VIEW TRADE AS PER YR ANALYSIS.... :thumb::thumb:

LOW OF 6175.30
SHORT worked in favor

Cheers :clap::clap:

 

[shivan]

@raj
Now nifty spot is trading below max pain level of 6200 so what does this indicate........will 6200 level now act as resistance from here

 

[healthraj]

Below 6140 NIFTY SPOT, Please close the Long Call Options.

Stoploss hit below 6140

 

[subratdas]

Dear Raj,
MKT has broken 6140. What will be next supp for nifty 6100 or will fall further down ?
Thanx/subratdas

 

[healthraj]

@raj
Now nifty spot is trading below max pain level of 6200 so what does this indicate........will 6200 level now act as resistance from here

It shows that 6200 might be broken and heading towards 6000. So if you are Short, Better to book Partial profits now and Look for 6000. Keep 6185 SPOT as the Stoploss for Shorts. From a Futures perspective 6180 is a Key Resistance level from which it has bounced back for the time being. So Watch 6180 Futures level

 

[prabhsingh]

Raj,what is tool suggesting for LT.I think its good to go for Short.Kindly can you update please.

 

[healthraj]

Raj,what is tool suggesting for LT.I think its good to go for Short.Kindly can you update please.

LT is trading near the MAX Pain. So below 960 it would be a SELL and above 960 it would be a BUY. Looking at the Price chart, It is a SELL at the Current Levels with Stoploss as 970 SPOT

 

[BabaMagic]

Lower breakout 6136.50 has been sustained now.

One may buy 6200 PE(Delta 0.53)/Short nifty futures.

Sell/Cover when Nifty Spot touches/goes below

TGT 1 = 6116.50(Confirm)
TGT 2 = 6096.50 (on Risk)


Disclosures: Bought 6200 PE 6 lots at 111.50

 

[healthraj]

When the 6140 Stoploss Hit for the LONG Call options, Bought 6100PE around 71