NIFTY Options Trading by RAJ

[singlap]

Thanks BabaMagic.
Today i tried it for futures of Banknifty & surprisingly it worked. Bought at 10641 & sold at 10671.

Let us test it for some more days.

For Nifty Futures, Break out level was 6078 which could not be sustained for 10 minutes.

Let's see.

 

[prabhsingh]

Go long in IDFC target of close to 110.

 

[BabaMagic]

have been testing this strategy on bank nifty spot levels for the last few days now. Somehow its not syncing well with the Nifty Spot levels.

Will give it a months time to see if we can discover something on BNF index.

Would be great if we can crack something on the futures side.

@Singlap, Please let us know more about findings & outputs on the futures side.

Truly appreciate!

Cheers

 

[singlap]

6078 is the level for NF. Not sustaining for even 5 minutes.

In case it sustains, plan to sell 6100 puts at around 100 for rs 9 gain.

If it doesn't happen today , can hold for today as tomorrows holiday will give some decay.

 

[prabhsingh]

SPOT Nifty can go to 5946 levels today.

 

[healthraj]

SPOT Nifty can go to 5946 levels today.

The hourly channel Support is at 5980 SPOT. So I think it will bounce back around 5970 levels

 

[healthraj]

As tomorrow is a Holiday and since both the Bulls and Bears made 60 points today, market might go into consolidation from here. So it is better to take a Sell pairs now. The MAX COI also is in broad range of 5600-6100 / 5900-6100suggesting the Trend is over for today. Those who want to Trade the pair can Sell the Pair 5950PE-6150CE or 5900-6100 Pair for around 100 available now. With Holiday tomorrow and the market is still not decided, It might be trading between 6000-6100

 

[dprikka]

Raj sir GA

How to update intraday pivot i.e 20m signal and 60m signal in OAT sheet

Thanks

 

[healthraj]

Raj sir GA

How to update intraday pivot i.e 20m signal and 60m signal in OAT sheet

Thanks

Click on the "Update Pivots" button to get the Pivots.

 

[prabhsingh]

Guys,
Have a look at SBI daily chart.It seems Right head is getting formed for H&S pattern to take place.Its at very initial stage hence it can take any shape.But if this is true then SBI can go towards 1850 levels.Thoughts welcome.