NIFTY Options Trading by RAJ

[healthraj]

NIFTY Is Generating BUY signal at the current Levels of 6195. Since NIFTY has been consolidating around 6200, The SELL Level for NIFTY has shifted by around 50 points. Since the Range for NIFTY is also getting changed from 6000-6300 to 6000-6500. From a Positional Trader perspective, The current channel would be Generating a SELL around 6250-6280 in the 60 minute chart. So those who want to Take some risk can Buy at this Level for 100 points.

 

[healthraj]

NIFTY Credit Spread.

NIFTY I think has consolidated around 6200 in the last 3 days. The INDIAVIX is also stable around the current Level. So tomorrow we can Expect a Turn around and NIFTY might move up.

So those who Want to Trade Pairs can SELL the Pair in the MAX COI which is the 6100PE-6700CE for 116.45. If NIFTY Moves UP to say 6280, and if the VIX goes down this Pair might give minimum 30 points profit. If it moves below 6140 SPOT, then close this Pair

 

[Gandhar.]

NIFTY Credit Spread.

NIFTY I think has consolidated around 6200 in the last 3 days. The INDIAVIX is also stable around the current Level. So tomorrow we can Expect a Turn around and NIFTY might move up.

So those who Want to Trade Pairs can SELL the Pair in the MAX COI which is the 6100PE-6700CE for 116.45. If NIFTY Moves UP to say 6280, and if the VIX goes down this Pair might give minimum 30 points profit. If it moves below 6140 SPOT, then close this Pair

dont you think debit spread would do good till friday?? instead of credit (just like INFY results time)
just my thoughts

 

[healthraj]

NIFTY Credit Spread.

NIFTY I think has consolidated around 6200 in the last 3 days. The INDIAVIX is also stable around the current Level. So tomorrow we can Expect a Turn around and NIFTY might move up.

So those who Want to Trade Pairs can SELL the Pair in the MAX COI which is the 6100PE-6700CE for 116.45. If NIFTY Moves UP to say 6280, and if the VIX goes down this Pair might give minimum 30 points profit. If it moves below 6140 SPOT, then close this Pair

dont you think debit spread would do good till friday?? instead of credit (just like INFY results time)
just my thoughts

Yes it is quite possible. Hope you are planning for the Election Results. The Election Results are out only in the Week end and Market will React to it on Monday. So until then I don't think market will be at 6200. It has to either go UP or DOWN. My assumption is that Market might move to 6280/6300 or 6100/6090.

For the Debit Spread the only thing which is important is the IV. I am not sure whether the IV would keep on climbing without any movement in NIFTY and NIFTY is anyway not giving UP 6200. So it is better to then trader for 6300.

For this Credit Spread I am hoping for two things. One is the UPward movement and the other is the drop in IV/VIX. Those who believe in the same can Trade this pair.

 

[dprikka]

Gail 340/335 strong sup if hold then we may see new high

Gail 344 new high from 388.....

:rofl:

 

[dprikka]

ICICIBANK strong res 1100... one can short from here

tgt 1085 - 80

ICICIBANK 1083 from 1100
:rofl:

 

[dprikka]

Jindalstel

res 280..... Good area for short tgt 275-70

Made low 274

:rofl:

 

[dprikka]

IDFC 110 not touch

 

[dprikka]

All the stocks given by me worked today

Lets see tomorrow.

Have a good day

 

[healthraj]

NIFTY Credit Spread.

NIFTY I think has consolidated around 6200 in the last 3 days. The INDIAVIX is also stable around the current Level. So tomorrow we can Expect a Turn around and NIFTY might move up.

So those who Want to Trade Pairs can SELL the Pair in the MAX COI which is the 6100PE-6700CE for 116.45. If NIFTY Moves UP to say 6280, and if the VIX goes down this Pair might give minimum 30 points profit. If it moves below 6140 SPOT, then close this Pair

At the close of the day the MAX COI is at 6200-6700, which is also signal that 6200 might not Break immediately