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 .

healthraj

Well-Known Member
NIFTY Made HIGH of 6201. Sold NIFTY around 6200. Will Average my Sells if it makes High of 6210-20.

I am basically buying 6200PE. So bought 6200PE @ 37.

NIFTY Made high of 6222 and Tested the Hourly Resistance also.

Bought 6200PE again at 30 and my Average price is now 33.
In both the Lower timeframe and Hourly Charts, SELL is Triggered above 6220. So those who SOLD do not Panic.

Hold your Short positions with a Stoploss of 6245.

Note : I have Rarely seen a REAL Breakout in the Hourly charts.
 

healthraj

Well-Known Member
SPOT 6260 is the place when Shorts can be made for Jan series.
I would say that now is the Right time for the BULLS to get out of their positions and make profit. Waiting for 6260 might be risky. For creating Short positions, since the RESISTANCE in hourly charts is around 6220, Selling above 6220 should be Ideal as per the "SELL HIGH BUY LOW" Strategy. I am not sure if we will get 6260.

FTSE is just 10 points away from its RESISTANCE. So when FTSE goes above 6595 SPOT, SELL will come in FTSE which will also put pressure on our market. So Watch FTSE after Europe Opening.
 

prabhsingh

Well-Known Member
I would say that now is the Right time for the BULLS to get out of their positions and make profit. Waiting for 6260 might be risky. For creating Short positions, since the RESISTANCE in hourly charts is around 6220, Selling above 6220 should be Ideal as per the "SELL HIGH BUY LOW" Strategy. I am not sure if we will get 6260.

FTSE is just 10 points away from its RESISTANCE. So when FTSE goes above 6595 SPOT, SELL will come in FTSE which will also put pressure on our market. So Watch FTSE after Europe Opening.
Yes definately agree.But more can be easily added when SPOT reaches 6260.
 

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