NIFTY Options Trading by RAJ

[Gandhar.]

Final check on NIFTY

In the 30 minutes the Trend is DOWN. But the FLAG does not indicate anything decisively. In the 60 minute chart there is still not SELL signal. The Last three days have been Choppy and Narrow Range. So next week we should get some Trending opportunities.

I have closed my SELL positions. Will take a SELL position below 6153 or when I see a Sell signal in the 60 minute chart.

Bought 6000PE @ 58.5 near 6180 and closed @ 62 - 3.5 points profit. Nothing much but at least in Green.
Bought MCDOWELL-N Put and got some 6 points

[B] For this month going to Try some Stock Options. Friends, Please Let me know which Stocks are good for Option Trading [/B]

bank stocks and mcdowell and jpassociat
best luck

 

[healthraj]

bank stocks and mcdowell and jpassociat
best luck

Can you please suggest the Banking stocks? Is ICICIBANK and SBIN OK?

 

[Gandhar.]

Can you please suggest the Banking stocks? Is ICICIBANK and SBIN OK?

if u want volatile the axis and sbi are good icici has has vola than axis

 

[sekharjchandra]

Final check on NIFTY

In the 30 minutes the Trend is DOWN. But the FLAG does not indicate anything decisively. In the 60 minute chart there is still not SELL signal. The Last three days have been Choppy and Narrow Range. So next week we should get some Trending opportunities.

I have closed my SELL positions. Will take a SELL position below 6153 or when I see a Sell signal in the 60 minute chart.

Bought 6000PE @ 58.5 near 6180 and closed @ 62 - 3.5 points profit. Nothing much but at least in Green.
Bought MCDOWELL-N Put and got some 6 points

For this month going to Try some Stock Options. Friends, Please Let me know which Stocks are good for Option Trading

Please try Ambuja, Lupin, SBI..

 

[anup0212]

Final check on NIFTY

In the 30 minutes the Trend is DOWN. But the FLAG does not indicate anything decisively. In the 60 minute chart there is still not SELL signal. The Last three days have been Choppy and Narrow Range. So next week we should get some Trending opportunities.

I have closed my SELL positions. Will take a SELL position below 6153 or when I see a Sell signal in the 60 minute chart.

Bought 6000PE @ 58.5 near 6180 and closed @ 62 - 3.5 points profit. Nothing much but at least in Green.
Bought MCDOWELL-N Put and got some 6 points

For this month going to Try some Stock Options. Friends, Please Let me know which Stocks are good for Option Trading

hey raj, my fav TCS ..please keep in your radar....

 

[babumehta]

Can you please suggest the Banking stocks? Is ICICIBANK and SBIN OK?

Dear Raj, try BHEL

 

[healthraj]

bank stocks and mcdowell and jpassociat
best luck

Please try Ambuja, Lupin, SBI..

hey raj, my fav TCS ..please keep in your radar....

Thanks Friends. What I will do is to list the stocks as part of the NIFTY 50and will select the Stocks which has the MAX range of OI in terms of %. And I have the following stocks with Range more than 10% as per the MAX OI today.

BANKNIFTY - 13%
AMBUJACEM - 10%
BANKBARODA- 21%
BHEL - 12%
COALINDIA - 11%
DLF - 13%
JINDALSTEL - 11%
JPASSOCIAT - 18%
ONGC - 13%
PNB -10%
SSLT - 10%
ULTRACEMCO - 10%
YESBANK - 10%
RELCAPITAL - 10%

I want to follow a Simple Rule. At the End of the Day I will scan these stocks and See if anything it trading near the MAX OI (RESISTANCE, Support) or MAX Pain and will Select the Stock for the Day.

The next day will trade based on the chart 30/45/60 min chart.

Will also want to select one stock from the Top Stocks in Options which you see in the "SO" sheet.

 

[TraderRavi]

dont know about others but SBIN options are very liquid.

 

[Gandhar.]

Thanks Friends. What I will do is to list the stocks as part of the NIFTY 50and will select the Stocks which has the MAX range of OI in terms of %. And I have the following stocks with Range more than 10% as per the MAX OI today.

BANKNIFTY - 13%
AMBUJACEM - 10%
BANKBARODA- 21%
BHEL - 12%
COALINDIA - 11%
DLF - 13%
JINDALSTEL - 11%
JPASSOCIAT - 18%
ONGC - 13%
PNB -10%
SSLT - 10%
ULTRACEMCO - 10%
YESBANK - 10%
RELCAPITAL - 10%

I want to follow a Simple Rule. At the End of the Day I will scan these stocks and See if anything it trading near the MAX OI (RESISTANCE, Support) or MAX Pain and will Select the Stock for the Day.

The next day will trade based on the chart 30/45/60 min chart.

Will also want to select one stock from the Top Stocks in Options which you see in the "SO" sheet.

dont go for jindalstel will not move much (if ur buying options)

 

[mastermind007]

dont know about others but SBIN options are very liquid.

Yes, I agree. SBIN closest ITM and OTMs are liquid. Do not go deep unless you enjoy waiting for signs of life. I recently had a bad experience with JP ASSOCIATE Option. Underlying went up by about 4-5 Rs but the Call went down whereas the Put stayed put.