NIFTY Options Trading by RAJ

[BabaMagic]

Dear Babumehta,

I don't have any link associated with Nifty futures price action. May b others can help.

Thanks!

 

[anup]

Dear Babumehta,

I don't have any link associated with Nifty futures price action. May b others can help.

Thanks!

Ashes enable your pm..

 

[BabaMagic]

Evening All,

On the Nifty Spot EOD Charts, MACD is currently around -19 levels after going as high as -41 on Nov 13th.

There is a high probability of a Trend breakout anytime in the next 3-4 days now.

In case if a Lower breakout is sustained in the next 3-4 days, Please trade with a lot of caution as there is a very likely chance of the Upper breakout levels being sustained on the same day itself.

Cheers!

 

[Option.Trader]

Evening All,

On the Nifty Spot EOD Charts, MACD is currently around -19 levels after going as high as -41 on Nov 13th.

There is a high probability of a Trend breakout anytime in the next 3-4 days now.

In case if a Lower breakout is sustained in the next 3-4 days, Please trade with a lot of caution as there is a very likely chance of the Upper breakout levels being sustained on the same day itself.

Cheers!

How do you suggest we can position ourselves for this?

 

[manojborle]

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As expected, Hindalco breached previous High.

 

[prabhsingh]

As expected, Hindalco breached previous High.

Thats true,as soon as Hindalco breached upper trendline it was worth going Long.We are not suppose to marry any particular stock and should be open and flexible to change direction of our position on the basis of trend (Short/Medium/Long).

 

[Option.Trader]

Downward breakout target of 6174.6 sustained for 10 mins between 10:57-11:07, targets are 6156

 

[BabaMagic]

Lower Breakout has been sustained at 6174.55.
First target = 6154.50
Full target = 6131.30

If Nifty spot trades above 6174.55 for more than 10 minutes....Kindly exit your short positons/naked PE.

Thanks!

 

[Option.Trader]

Lower Breakout has been sustained at 6174.55.
First target = 6154.50
Full target = 6131.30

If Nifty spot trades above 6174.55 for more than 10 minutes....Kindly exit your short positons/naked PE.

Thanks!

You continue to bring in new dimensions, previously it was a stop loss of 30 points, now as per you what is the prognosis?

 

[singlap]

lower breakout sustained from 11:40 - 11:50 also