NIFTY Options Trading by RAJ

[healthraj]

In the 5 minute chart, the First SELL signal Generated around the RESISTANCE at 6033. Watch if it crosses 6044 and Take your Short position accordingly.

@11:51 AM SELL signal Generated in 15min chart @ 6033

30min Trendline chart which was showing an UP trend till Yesterday is today showing a FLAT channel.

 

[babumehta]

In the 5 minute chart, the First SELL signal Generated around the RESISTANCE at 6033. Watch if it crosses 6044 and Take your Short position accordingly.

@11:51 AM SELL signal Generated in 15min chart @ 6033

30min Trendline chart which was showing an UP trend till Yesterday is today showing a FLAT channel.

Dear Raj, do u see that sell signal for 6033 on OAT intraday / positional or MTP sheet?

 

[ss16021981]

sir can we see tatasteel @ 410 as line r crossing @ 410

 

[healthraj]

Those who Want to Sell, can Sell NIFTY at the Current Levels where NIFTY SPOT is trading at 6046. Have the stoploss as 6070. In the NIFTY 60 min chart the Pivot is at 6048, which will act the RESISTANCE.

 

[Option.Trader]

Those who Want to Sell, can Sell NIFTY at the Current Levels where NIFTY SPOT is trading at 6046. Have the stoploss as 6070. In the NIFTY 60 min chart the Pivot is at 6048, which will act the RESISTANCE.

What about the huge 13l addition of OI in 6000pe, isn't it indicating a bottom formation?

 

[Option.Trader]

What about the huge 13l addition of OI in 6000pe, isn't it indicating a bottom formation?

Inverse head and shoulder reversal on in day chart

 

[anup]

Inverse head and shoulder reversal on in day chart

Sorry, Yesterday i observed head and shoulder pattern in nifty daily spot chart...

 

[healthraj]

What about the huge 13l addition of OI in 6000pe, isn't it indicating a bottom formation?

OT, A reversal will always have two Legs. One to close the Short Positions and the other to Open the Long Positions. Yesterday the Short covering was done. Today may be long positions will be built. And I normally look for a Double bottom in 15 min / 30 min to confirm a Reversal

 

[healthraj]

Those who Want to Sell, can Sell NIFTY at the Current Levels where NIFTY SPOT is trading at 6046. Have the stoploss as 6070. In the NIFTY 60 min chart the Pivot is at 6048, which will act the RESISTANCE.

Those who sold at 6046 can book Partial profit of 25 points at 6021.

 

[healthraj]

Those who Want to Sell, can Sell NIFTY at the Current Levels where NIFTY SPOT is trading at 6046. Have the stoploss as 6070. In the NIFTY 60 min chart the Pivot is at 6048, which will act the RESISTANCE.

Those who sold at 6046 can book Partial profit of 25 points at 6021.

In the 5 min chart 6021 SPOT is acting as the SUPPORT. Hopefully 6021 should be broken downwards. Since 6049 was the Top, those who want to Trade only 60 points can close their positions at 5990. 6000 Strike is showing as Bullish