NIFTY Options Trading by RAJ

[healthraj]

Those who want to buy 6100CE or 6050CE can buy now. 6100CE @ 9.6
6050CE @ 26

Booked 50% of 6050CE @ 40 and 6100CE@ 16

I will Close all the Positions today itself. Why to carry the Positions in profit to tomorrow. Will Close around 3:15 pm with whatever value it has.

@ 3:05 PM: Could not cross today's Resistance of 6070. So booked the Rest of the Positions 6050CE @ 42 and 6100CE@ 17

 

[anup]

Amazing accuracy Raj bhai..Keep it up.. It reversed exactly from the point you have mentioned

 

[mohan.sic]

Raj,

Nifty bought at 6045 closed and went short at 6069.

thanks.

shorted another lot at 6084. avg short level now 6076. placed buy orders at 6065 and 6061.

thanks.

 

[dprikka]

Raj sir Nifty bounce back from ur level. Congrats

How you know the range... is it from old OAT or new OAT

Thanks

Raj sir plz explain it after market hour.

Thanks

 

[ss16021981]

sir dlf max pain @ 150 &150 call is trading @ 90 can we take risk

 

[healthraj]

MCDOWELL-N : RISKY Call with a Small throw away Premium

MCDOWELL MAX Pain at 2500. Right now at 2660/50. I think it will goto at least 2600 tomorrow. So those who want to Trade SHORT. Pivot is at 2550. So I think we should get 2550-2600 tomorrow.

Bought 2550 PE @ 3.5

 

[healthraj]

Raj sir Nifty bounce back from ur level. Congrats

How you know the range... is it from old OAT or new OAT

Thanks

In the Charts 6035 was giving a Good support. But My major decision was due to the Premium selling. You saw that we tracked the 6050PE/6050CE/6100CE/6000PE. And all the Premiums were coming down. So normally for the premium collection game to be closed there need to be Trade on both sides. And when the Trade at one side is slow, normally the trade on the other side would be quick and fast, which normally is not easy unless. you might have noticed how the 6100CE/6050CE made quick tops and lost quickly also. So this is normally the game played during the Expiry days.

As expected Today was a Real FLAT day and NIFTY will close more or less at the same point where it closed yesterday. ie around 6055-6060.

 

[ss16021981]

enter @ 3.5 sir

 

[healthraj]

Planning for Expiry Level.

Normally NIFTY Expires near the PIVOT. In OAT it is the MAX Pain or the AVG of the MAX OI, which is at 6100.

In the Lower timeframe like 9min, 15min it is around 6090.
In the 30 min timeframe it is at 6035.
In the 60 min timeframe it is at 6048

So the Expiry could be anywhere between 6035 and 6090 or let us say 6048.

So those who want to Trade the pairs for Expiry Can sell 6000PE-6100CE @ 30 and 6050PE-6050CE @ 65. Totally the Premium is 95

Close the Pairs if moves out of the 6035 - 6090 Range

Finally the Pairs closed at 60 with Exactly 35 points profit. I don't know if people had the patience to Book the Full profit. But Yes this is the kind of game one should be playing on one/two days before the Expiry.

Those who traded should be enjoying at the end of the day

At the end of the Day the MAX OI changed from 6000-6100 to 6000-6200. So hopefully it should be a TRENDING day tomorrow. One should not be surprised if we get 6200 also tomorrow. MAX Pain is still at 6100. But I think the MAX Pain game was over today.

 

[healthraj]

In the Charts 6035 was giving a Good support. But My major decision was due to the Premium selling. You saw that we tracked the 6050PE/6050CE/6100CE/6000PE. And all the Premiums were coming down. So normally for the premium collection game to be closed there need to be Trade on both sides. And when the Trade at one side is slow, normally the trade on the other side would be quick and fast, which normally is not easy unless. you might have noticed how the 6100CE/6050CE made quick tops and lost quickly also. So this is normally the game played during the Expiry days.

As expected Today was a Real FLAT day and NIFTY will close more or less at the same point where it closed yesterday. ie around 6055-6060.

Market closed at 6057 - With Yesterday's closing (6059) a difference of 2 points which I don't think anybody would mind