NIFTY Options Trading by RAJ

[sach007]

with due respect,are ,above highlighted sentences ,not confusing and contradictory?

Avny,

I think there is no CONTRADICTION....

If you read it again you will get... the meaning...

What he want to say...

That IF above 6300 (Spot) goes then it will give breakout for 50 POINTS... means 6350...

And below it... he EXPECTS to go to 6200...

So what is CONTRADICTORY in it..?

 

[moody_man]

BHEL

BHEL is Trading near the MAX @ CE and near the RESISTANCE of 170. So Try Selling around the current Levels.

Those who want to Trade options - 150 PE Available @ 2.05

Raj,

the max OI for Bhel is at 170, so atleast 10 rs downside expected on Bhel ?

thanks

 

[healthraj]

with due respect,are ,above highlighted sentences ,not confusing and contradictory?

AVNY, I agree with you. It is confusing because there was GAP UP but the signals in Option is not giving any clear trend now. I was giving the levels for people who are following different timeframes. Let me make it simple. Today NIFTY SPOT HIGH was 6300, which is near the 60 min Resistance.

The SELL already LIVE at 6300. But if there is a Pull back to 6300 Levels then we have to Watch out for Breakout. If there is no BO, then it would be once again a SELL between 6288-6300.

 

[avny]

AVNY, I agree with you. It is confusing because there was GAP UP but the signals in Option is not giving any clear trend now. I was giving the levels for people who are following different timeframes. Let me make it simple. Today NIFTY SPOT HIGH was 6300, which is near the 60 min Resistance.

The SELL already LIVE at 6300. But if there is a Pull back to 6300 Levels then we have to Watch out for Breakout. If there is no BO, then it would be once again a SELL between 6288-6300.

thanks for clarification,RAJ

got your point

 

[manojborle]

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First target achieved today and now Stop loss will be 6150 (Closing Basis).

Today's Candle is also showing a valid breakout (Will come to know by eod).
If it becomes a valid breakout then again targets will be revised.

Thanks

 

[healthraj]

Raj,

the max OI for Bhel is at 170, so atleast 10 rs downside expected on Bhel ?

thanks

Yes for this month Series, the Range has been 140 and 170. Max Pain is at 150. So you can expect 10-15 points or At least 155.

 

[healthraj]

Morning All,

Nifty Spot breakout levels for today.
Upper Breakout - 6306.85, TGT1 - 6327.35, TGT2 - 6351, SL - 6256.40
Lower Breakout - 6256.10, TGT1 - 6235.80, TGT2 - 6212.30, SL - 6306.10

Happy Trading!

Those who sold around 6300, Close minimum 50% around 6256.1.

Baba Countdown starts...

 

[babumehta]

Yes for this month Series, the Range has been 140 and 170. Max Pain is at 150. So you can expect 10-15 points or At least 155.

Dear Raj
how does jpassociates look from OAT?

 

[singlap]

Lower breakout almost there ... Let's wait for 10minutes

 

[singlap]

lower breakout confirmed ??