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 .
Hopefully 6295 SPOT should be Tested in the Opening. Better book the Short positions around 6295 - 6300. If 6295 breaks you can hold for another 30 points till 6270. But SGX NIFTY points to only 30 points which would be 6332-~30 = ~6302.






Yes the Range keeps on changing. The Long Calls and Puts are not giving great Profit. At least the Long Calls did not Give great profit even when the market made 400 points from 6030. The Puts are also not giving anything. May be the BIG MOVE is still pending :) :confused:


The MAX Pain also changed to 6200, 6300, 6250 and now to 6200. The MAX OI is once again 6200-6400.

So it is the confusing times. So we can only follow the Price action and the Intermediate Trend is Down and Still not bottomed out I think
With shifting of Max pain to 6200, do you think that down leg still has some legs till 6200?
 

healthraj

Well-Known Member
With shifting of Max pain to 6200, do you think that down leg still has some legs till 6200?
It should be a Strong Breakdown by which the Buy Levels of 6238 and 6150 Can be met. For a Strong Breakdown we should first see a Wolf Wave pattern or an Inverted W on the Support Line of 6300. Right now as per the Chart it is just now hitting 6300 and it would definitely bounce on the First hit.
 

healthraj

Well-Known Member
NIFTY, SBIN, ICICIBANK

All the above three are as per the Price Action are Trading below the Support and thus Generating BUY signal. It is also not a Breakdown. So those who want to Take Risk Can buy now at the current levels

NIFTY - Buy around 6290-6300 - Stoploss 6260
SBIN - Buy above 1825 - Stoploss 1800
ICICIBANK - Buy above 1841 - Stoploss 1820

Note : These Levels are per the 60 min Timeframe.
 
Last edited:

healthraj

Well-Known Member
NIFTY, SBIN, ICICIBANK

All the above three are as per the Price Action are Trading below the Support and thus Generating BUY signal. It is also not a Breakdown. So those who want to Take Risk Can buy now at the current levels

NIFTY - Buy around 6290-6300 - Stoploss 6260
SBIN - Buy above 1825 - Stoploss 1800
ICICIBANK - Buy above 1841 - Stoploss 1820

Note : These Levels are per the 60 min Timeframe.
ICICIBANK quick profit of 11 points
 

Similar threads