NIFTY Options Trading by RAJ

[VJAY]

Dear Raj,
Good to see your analyses.....IMO for intraday 5 min OR 3 min is good....for swing ..NF 60 & Bnf 30.....Its only my personal observations as I was traded flow in both ...for intraday I used to trade in 5 trf ...but am sure 3 min also good .....

 

[anup]

Hi , All Can someone calculate the Baba Magic levels for today..

Todays high=6,097.35
Low=6,047.95

 

[anup0212]

Hi , All Can someone calculate the Baba Magic levels for today..

Todays high=6,097.35
Low=6,047.95

Upper Breakout 6127.0375
Lower Breakout 6018.2625

Target Up 6146.950372
Target Down 5998.703147

 

[healthraj]

NIFTY SPOT Trend in Different timeframes

In the 60 minute chart, The Trend as have been telling in the past is DOWN. The Pivot is at 6070.

In the 30 minute chart, The DOWN move which was triggered at 6210 is now complete and there is a BUY signal. The Trend in the 30 minute chart is on the UP side.

In the lower timeframes like 5 minute and 15 minute The Trend is Down and there is Breakout at 6170. So we have to Give some time for it to consolidate...

So we have to wait for confirmation in the 30 minute Timeframe also to confirm the DOWN move. If 30 minute chart becomes Negative then we can expect 5970 once again.

As per OAT the MAX Pain has shifted from 6200 to 6150 - DOWN by 50 points and Tomorrow NIFTY will Test 6150 once again. So 6150 will be the deciding level for further moves.

In the 30 minute chart also there was BREAKOUT and so the DOWN move continues. The PIVOT in 60 minute chart at 6060 also seems to be taken. Anyways continue to hold your SHORT positions keeping a watch on 6060 SPOT levels.

Even though NIFTY is trading below the Support line in 30 minute charts, The important point is that the Trend is still UP in 30 minute charts. A buy signal is also generated in 30 minute charts at 6046

So it would be a Good idea to BUY around 6040-6045 Levels OR If you want to take Fresh SELL positions Take around 6100

The MAX Pain which was at 6150 at yesterday's close moved to 6100. So with all Due respect, give some respect for 6100 Levels which might be Tested again . The MAX COI is also indicating a FLAT market after moving to 6045. Those who want to Trade options can Try selling the Same 6100-6200 Pair which is available now for 103

 

[BabaMagic]

Morning All,

Upper Breakout = 6121
TGT 1 = 6140.90, TGT 2 = 6163.80, SL = 6072

Lower Breakout = 6024.30
TGT 1 = 6004.70, TGT 2 = 5982.10 , SL = 6072.50

Happy Trading!

 

[prabhsingh]

In coming days Nifty can test atleast 5840 SPOT levels.

 

[healthraj]

In the 30 minute chart also there was BREAKOUT and so the DOWN move continues. The PIVOT in 60 minute chart at 6060 also seems to be taken. Anyways continue to hold your SHORT positions keeping a watch on 6060 SPOT levels.

Even though NIFTY is trading below the Support line in 30 minute charts, The important point is that the Trend is still UP in 30 minute charts. A buy signal is also generated in 30 minute charts at 6046

So it would be a Good idea to BUY around 6040-6045 Levels OR If you want to take Fresh SELL positions Take around 6100

The MAX Pain which was at 6150 at yesterday's close moved to 6100. So with all Due respect, give some respect for 6100 Levels which might be Tested again . The MAX COI is also indicating a FLAT market after moving to 6045. Those who want to Trade options can Try selling the Same 6100-6200 Pair which is available now for 103

You Can try any pair which is around 6100 and which has a total premium of 95+ and where the PE has more value, because I am expecting a small pull back before the DOWN move continues. The positions should be closed around 6100 SPOT.

 

[nirav_j]

6100 PE is up by almost 100 % and its OI is still holding. Chg in OI is only about -30,000 whereas 6100 CE has added almost 15,78,000.

Strange.

 

[babumehta]

6100 PE is up by almost 100 % and its OI is still holding. Chg in OI is only about -30,000 whereas 6100 CE has added almost 15,78,000.

Strange.

dear..what does that mean?

 

[healthraj]

6100 PE is up by almost 100 % and its OI is still holding. Chg in OI is only about -30,000 whereas 6100 CE has added almost 15,78,000.

Strange.

dear..what does that mean?

The positions in 6100CE of around 15L indicates NIFTY will not cross 6100 Today. 6100PE with negative indicates that squaring off is happening. But a small number may be indicates that Traders are waiting for more downside to square of the 6100 PE. So when you see the 6100PE with considerable value in Negative then it is a sign of possible Pull back to 6100. Or if the value remains a small negative number that means the market can continue the DOWN move and can be squared off at 6000 Levels. So it all depends on what happens around 6040 levels.