NIFTY Options Trading by RAJ

[vikasnp81]

Nifty "change in OI" suggests Bearish

 

[singlap]

Lower break out is triggered. But somewhere today it seems difficult to sustain (no logic , don't know why). Will wait for another 5 points fall and will short if 6178 is sustained.

 

[manishbaba]

Raj Sir,

Huge add-up in 6300 and 6200 call. Market seems supporting another slide. But it is just taking support on trendline on daily chart too. Both signal is confusing me.

Regards

 

[healthraj]

Lower break out is triggered. But somewhere today it seems difficult to sustain (no logic , don't know why). Will wait for another 5 points fall and will short if 6178 is sustained.

The Breakout Trades as per BabaMagic seems to be working out on the next day. So instead of taking the Today's & Yesterdays 20min Low and High. Why don't you try with the Yesterday's and the day before Yesterday's 20 min Low and High

 

[vikasnp81]

Yesterday's target reached!!

 

[premkumartalreja]

I did an interesting this

I squared off the 200 Calls I had shorted at 37 ( Cost 77 ) Pocketed 8 K profit

Now I shorted 6250 200 Call at 55 to create a strangle.

Payout is as follows

View attachment 19400

Please provide your feedback.

My Current Strategy status is
Strike Price Instrument Action Quantity Premium
6250 Call Sell 200 55
6300 Put Sell 200 83
6300 Put Sell 100 95

 

[Option.Trader]

Yes Agreed 6150 might be still possible because in the Daily charts the bottom is at 6150 SPOT. But the last 50 points is always difficult to Get market always does Pullback. NIFTY today made a bottom of 6185.

In OAT 6150 is Bullish, 6200, 6250, 6300 are bearish.

You can also see that the Asian markets Futures are in Green... So I am bullish for the First half.

I have a hunch, the OI, build up at the opening sets the trend, today 6300, 6200 had massive built up, yesterday 6300 ce built up, interesting to track this

 

[AmitForTrading]

BUY TIME NOW.

All the Major banking Stocks are trading below the SUPPORT and you can buy now including BANKNIFTY as per the Rangebound or SELL HIGH - BUY LOW Rule. But Yes you need to take some risk because somebody can argue that today we had a Breakdown. So decide for yourself.

I am sure it would be the Test of your nerves. But I think Trading is also about the confidence and the Positive Aggression

I am buying ICICIBANK @ 1098 and NIFTY @ 6195.

But it is definitely not the time to SELL. If you want to SELL wait for a Pullback and Sell when the NIFTY is above 6230.

For the banking stocks, the Max PE OI has been shifting down.
For SBI it shifted down from 1800 to 1700 todya
For ICICI , there is a huge unwinding at 1100 level.
Looks like banking stocks can slide further.

 

[knarendra]

For the banking stocks, the Max PE OI has been shifting down.
For SBI it shifted down from 1800 to 1700 todya
For ICICI , there is a huge unwinding at 1100 level.
Looks like banking stocks can slide further.

How to know the yesterdays Max IO ? you follow the stocks or know from website?
nse website shows today Max OI only.

 

[healthraj]

BUY TIME NOW.

All the Major banking Stocks are trading below the SUPPORT and you can buy now including BANKNIFTY as per the Rangebound or SELL HIGH - BUY LOW Rule. But Yes you need to take some risk because somebody can argue that today we had a Breakdown. So decide for yourself.

I am sure it would be the Test of your nerves. But I think Trading is also about the confidence and the Positive Aggression

I am buying ICICIBANK @ 1098 and NIFTY @ 6195.

But it is definitely not the time to SELL. If you want to SELL wait for a Pullback and Sell when the NIFTY is above 6230.

Buying more ICICIBANK @ 1086 and NIFTY @ 6170. Will keep it till the RBI Policy on 18-DEC-13

In the DAILY Charts, 6178 SPOT is the Support 1. Next support is at 6045. NIFTY's UP and DOWN is Led by ICICIBANK also. So if 6140 SPOT Breaks, Will close the Positions.