NIFTY Options Trading by RAJ

[vikasnp81]

Puts are higher than calls now. Correct me if I wrong. As per rule 1

 

[healthraj]

Dear Rajbhai,

Today Option pain for YESBANK @ 380, But script initially went down & now rising (currently trading @ 387 ) If option pain is @380 and price falls below 380 then how price is now surging upp.. when option pain still @ 380???? Kindly share your views.

Regards

Viraj

MAX Pain is just the Average or Pivot. The Real function of MAX Pain comes only during the Expiry days. Right now it will act as the Pivot. So if YESBANK is in an UP Trend, BUY Above Pivot. Otherwise Sell below Pivot.

 

[singlap]

Do we think lower breakdown will work today or it is one of those days when SL will be triggered ? Anup , Babamagic ?

 

[viraj5]

Thank you Rajbhai for your kind advice

 

[anup]

Do we think lower breakdown will work today or it is one of those days when SL will be triggered ? Anup , Babamagic ?

Frankly speaking no idea about it... I think it may not work because it has spent lot of time outside the Breakout range..lets see

 

[BabaMagic]

Ideally it should achieve the target.

It still hasn't broken the first 30 mins. high of 6313.25.

 

[healthraj]

SBIN

SBIN MAX OI at 1800-1900. As per the Price Action also Generated a Buy signal below 1831. So Those who want to Buy SBIN can by for a Target of 1900. Currently Trading at 1804 SPOT

Should not Gone Long. Should have looked for another opportunity to SELL. This was a Disaster.

 

[healthraj]

NIFTY


If NIFTY does not move beyond 6315. Then you can once again Take Short positions around 6305-6315 with Stoploss as 6340.

Target 6270.

6300 is showing as Bullish and so the Target is 6270. If 6300 becomes bearish then we can revise the Target Down.

For now play for 30 points.

I am not sure How many of you Went Short again ? Made high of 6312 SPOT. Let us see if we can get 6270.

 

[Option.Trader]

The fight is on for 6300, bears having upper hand so far. 6250 also looks possible

 

[Option.Trader]

Ideally it should achieve the target.

It still hasn't broken the first 30 mins. high of 6313.25.

So as per you, it should achieve down target in first hour tomorrow if not achieved today