NIFTY Options Trading by RAJ

How do you use OAT tool?

  • For Intraday Naked Options trading

    Votes: 58 37.7%
  • For Intraday Pair trading of Options

    Votes: 27 17.5%
  • For Intraday Futures trading

    Votes: 18 11.7%
  • For Positional Naked Options trading

    Votes: 35 22.7%
  • For Positional Pair trading of options

    Votes: 29 18.8%
  • For Positional Futures trading

    Votes: 11 7.1%
  • To trade in Cash market

    Votes: 13 8.4%
  • Overall trading has improved with OAT

    Votes: 27 17.5%
  • Understanding of Options has improved with OAT

    Votes: 57 37.0%

  • Total voters
    154
  • Poll closed .

jagankris

Well-Known Member
Yes looking at the OAT it seems so. But looking at the Price chart TATASTEEL is in an UP Trend and support right now is at 389. So 390 seems to be possible
TS is an very strong up trend.
The last half an hour flag continuation trend pattern
with price closing above its ATP.

Have an exit plan.
Better to exit the puts tomorrow opening - I guess there will be a gap down in Nifty.
I Don't expect any reversals before this expiry.
 

healthraj

Well-Known Member
NIFTY - 26-NOV-13.

In the Higher timeframe, the TREND is UP. So we can get 30-40 points on the lower side. Since the SELL was generated around 6122 Yesterday, Buy NIFTY around 6080-6090 for 50-60 points Target
BUY Signal Not yet Generated. SELL is Alive. 6080 is just a approximate level to BUY. So Wait for the BUY signal. If you get NIFTY around 6115, SELL again. NIFTY can Test 6070. Right now it has bounced back from the Pivot of 6086 in the lower timeframe
 

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