NIFTY Options Trading by RAJ

[Neo_trader]

Dear Raj, Whats your view on SBI. 1800 Call is available at 10. Can we buy with 1700 spot as stop ?

 

[blisscapital]

Hi Raj, Which options excel sheet are u using presently (which you find more useful among the 3 in your signature); and also where can I get the details on how to use it.

 

[healthraj]

During the Europe Opening NIFTY can give a Pullback to the PIVOT in the Lower timeframe at 6180. So you can utilize the opportunity to Go Short. Today as per the Adjusted Chart, we should get 6132. From 6180 it would make 50 points.

Those Who Want to Trade options Can buy 6200 PE. Now it is at 62

Go SHORT only after Europe Opening and if it is not able to cross the PIVOT at 6180

At the First hit of 6182, Not crossed. Europe Futures I thought would be FLAT but now they are also looking Weak. FTSE Futures are down by 0.4%

 

[healthraj]

Dear Raj, Whats your view on SBI. 1800 Call is available at 10. Can we buy with 1700 spot as stop ?

Do not Buy NOW. Wait for BANKNIFTY to Settle Down. I think NIFTY will at least Test 6130 today. Depending on whether 6130 Breaks, you can BUY. As per the NIFTY daily Charts the bottom is at 6030 and SBIN is the most weakest now. On a Day like this, you should actually look for an Opportunity to SELL and not to BUY. Today the SELL is also coupled with the QE3 tapering and so the market is driven by FEAR. So nobody would be Buying today

 

[healthraj]

During the Europe Opening NIFTY can give a Pullback to the PIVOT in the Lower timeframe at 6180. So you can utilize the opportunity to Go Short. Today as per the Adjusted Chart, we should get 6132. From 6180 it would make 50 points.

Those Who Want to Trade options Can buy 6200 PE. Now it is at 62

Go SHORT only after Europe Opening and if it is not able to cross the PIVOT at 6180

At the First hit of 6182, Not crossed. Europe Futures I thought would be FLAT but now they are also looking Weak. FTSE Futures are down by 0.4%

Europe opened in Green. Watch if It sustains. NIFTY will anyway try to Go UP I think, which Can utilized to SELL again Now SELL around 6187 or if Goes below 6160..

 

[healthraj]

At the First hit of 6182, Not crossed. Europe Futures I thought would be FLAT but now they are also looking Weak. FTSE Futures are down by 0.4%

Europe opened in Green. Watch if It sustains. NIFTY will anyway try to Go UP I think, which Can utilized to SELL again Now SELL around 6187 or if Goes below 6160..

SELL Triggered at 6187 and 6200PE was available at 51.

HOLD with a Stoploss. The Ideal Stoploss would be beyond the RESISTANCE. The RESISTANCE is at 6210. So your stoploss should be around 6215

 

[healthraj]

Those Who Want to OTM Puts Can buy 6000PE around 6, which Can become 30 if NIFTY reaches 6050 or 50 if reaches 6000 at the current VOLT

 

[healthraj]

HCLTECH is Trading near its Highs. You can watch and Take a SELL call today or Tomorrow

SELL Triggered at 6187 and 6200PE was available at 51.

HOLD with a Stoploss. The Ideal Stoploss would be beyond the RESISTANCE. The RESISTANCE is at 6210. So your stoploss should be around 6215

Those Who Want to OTM Puts Can buy 6000PE around 6, which Can become 30 if NIFTY reaches 6050 or 50 if reaches 6000 at the current VOLT

HCLTECH Trading now 1230 - 27 points profit
NIFTY Trading at 6160 - 27 points profit
6200PE taken at 51 now Trading 65 - 14 points profit
6000PE taken at 5.35 now Trading at 7.8 - 40% profit.

Those Who are happy with the Profit can close the Calls now.
Those who want to Wait for 6130 should book at least Partial profits now.

Even the Paid Tips Provider will not Track the Call So closely.

 

[Purushotham]

HCLTECH Trading now 1230 - 27 points profit
NIFTY Trading at 6160 - 27 points profit
6200PE taken at 51 now Trading 65 - 14 points profit
6000PE taken at 5.35 now Trading at 7.8 - 40% profit.

Those Who are happy with the Profit can close the Calls now.
Those who want to Wait for 6130 should book at least Partial profits now.

Even the Paid Tips Provider will not Track the Call So closely.

:thumb::clap::clapping:

 

[anup]

HCLTECH Trading now 1230 - 27 points profit
NIFTY Trading at 6160 - 27 points profit
6200PE taken at 51 now Trading 65 - 14 points profit
6000PE taken at 5.35 now Trading at 7.8 - 40% profit.

Those Who are happy with the Profit can close the Calls now.
Those who want to Wait for 6130 should book at least Partial profits now.

Even the Paid Tips Provider will not Track the Call So closely.

Raj, great going man..The beauty of you and your thread is you track the calls so closely that followers will never be in doubt...And a great OAT tool doing the mafic...

I will try to keep my promise of coming up with all the option rules (will be putting in notepad, MSWord is to be installed in my lappy )...

I am feeling guilty of not doing my job as promised , i am stuck with some heavy office work... Once again great job..