NIFTY Options Trading by RAJ

[healthraj]

Raj just bought 1 lot of nifty 6150 put..Shall i close it?

Try to close when NIFTY SPOT is around 6180-6185

 

[babumehta]

Hello All,

Nifty Futures made a low of 6182.50 today when the spot was hovering around 6200 levels.

Have observed couple of times in the past, whenever such wierd trade is executed on the futures side, it tends to test those levels again during the day.

Lets see if that holds true for today as well.

Thanks!

dear baba..one basic question..is there a link which you are give which gives nifty futures price action? becoz i couldnt find it like a graph ..spot i can find from nseindia.com

 

[healthraj]

Combining Price Action and OAT, As per the lower timeframe (5min chart), it is a Buy around 6182. As per 15 min chart the low could be 6138. But Right now the Intraday Trend for the current session is down....

Those who sold around 6210, book Partial profit around 6180-85 Levels

 

[dprikka]

As per Price Action, SELL Call Generated in Lower time frames like 6 min/15 min Chart at 6210 and the SELL signal generated in 60 min chart also for Target of 6135

GA Raj sir
How to use 6 min / 15 min in OAT sheet.
Where to edit?

Thanks

 

[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.

Covered SBI today at 1820 levels.

 

[healthraj]

GA Raj sir
How to use 6 min / 15 min in OAT sheet.
Where to edit?

Thanks

In the "Intraday Pivot" Section, you will see two yellow boxes to enter the timeframe for Intraday and Positional. Enter the timeframe in multiples of Five. Enter a Lower timeframe for Intraday and Higher time frame for Positional

 

[niftytaurus]

Covered SBI today at 1820 levels.

Hi
I have seen ur trades..they all are good one...I am impressed by ur chart reading skills....please start a new thread & post ur chart & analysis there..so we all can benefit from ur analysis & learn how to trade them.& discuss ...thanks

 

[healthraj]

Hi
I have seen ur trades..they all are good one...I am impressed by ur chart reading skills....please start a new thread & post ur chart & analysis there..so we all can benefit from ur analysis & learn how to trade them.& discuss ...thanks

Yes Prabhsingh. Please post your analysis so that TJ members can benefit

 

[healthraj]

As per the NIFTY 60 point rule, those who have Gone Long around 6180 SPOT levels, The Top for today could be around 6245-6250 Futures. So close your Longs accordingly. The global markets are looking weak. The hourly Trend chart indicates a Down move. But People are still expecting a Breakout. When the Breakout happens we can anyway go Long. But as per the normal thumb rule, the Trend is DOWN. It might even be a GAP Down tomorrow. One more major reason is that the major Stocks like INFY, SBIN, LT are Trading near/above Resistance. So a correction on the downside is pending for the UP move which started last Friday.

 

[dprikka]

Thanks Raj sir for your help and your wonderful OAT Excel sheet.

Thanks for helping novice traders like me.

God Bless You