NIFTY Options Trading by RAJ

[healthraj]

Bro supersaiyan,somatung,
This time as I told ,markets change the trend after no moon, that has happened ,I would request members to take the benefit of this vital input,the nifty has broken the important support of 6230,and likely to continue down side after retesting 6250-60,I enjoy trading when nifty behaves as per anticipation.
Maruti as I said is preparing for down movement today only trailer,tomoro we may see to get the full movie.similarly Ranbaxy has alo come down to 362 from 370 it is also likly to godown further .
Off course Raj bro's word regarding Nifty has most weightage than what I say.
Tx

As Long as the MAXOI@PE remains at 6200, Do not expect anything below 6170. The Daily Trend is still Positive. In the Hourly charts also the Trend is positive. In the hourly charts the last support is at 6192. So only below 6170-6192, We can hope for further down moves. Otherwise it was just an opportunity to Buy

 

[BabaMagic]

Evening All,

For the march series, Top has been capped for Nifty Spot at 6282.70 & Bank nifty spot at 10836.20

Keep on adding shorts on every rise from the current levels for both the indices. SL's are the levels mentioned above. Exit with atleast 150-200 points profit on nifty & 500 points on bank nifty from the tops made b4 expiry.

Cheers!

 

[Somatung]

As Long as the MAXOI@PE remains at 6200, Do not expect anything below 6170. The Daily Trend is still Positive. In the Hourly charts also the Trend is positive. In the hourly charts the last support is at 6192. So only below 6170-6192, We can hope for further down moves. Otherwise it was just an opportunity to Buy

Food for thoughts and nothing else:

Interesting statement on the daily trend. On the daily chart, the fifth wave has done its work with the largest up move of 200 points compare to all other waves since the low at 5933. In general the last wave, which is the fifth in general, makes the biggest move. In this case it is done. We also had now three nice pull backs in the daily chart and this is what has to be there. Usually after this, market starts with a correction, in this case this would be down.

As clearly told: Food for thoughts and nothing else.

 

[SuperSaiyan]

today play is positive
bought 6400 CE for 26

6400 SL-M order for R.s 22 -->Trigger pending

Closed trade at 29.2
Now we sit and watch to catch that CE at lower lever
Bought again at 28.6
sold again 29.7
bought again at 29.3
putting stop loss 28
Sold at 30.1
putted strandle buy @MKT only if price crosses 30.6
sold at 32.4

soB went 36
bought at 37.15
Sold 39.1

it;s enught for today i think so now goes back sleep zzzzzzzz

@bapu4 Yes bear has arise....
bapu4 wats price of 5900PE Evil smile hahaha
and Raj bro is right i don;t expect it to go down below 6190 today.. after 8th March god only help lool
it;s good idea to sit on money .You can always reenter in morning
Daily bais it;s positive trend so mhm ...

 

[prabhsingh]

Keep a close eye on Hindalco.It has formed good support at 97.If broken, it can test 92.On upside it can test 108.

Target achieved for Hindalco and position closed.

 

[BabaMagic]

Morning All,

Fantastic Opportunity to short Nifty & Bank Nifty Futures at current levels.

 

[prabhsingh]

Morning All,

Fantastic Opportunity to short Nifty & Bank Nifty Futures at current levels.

Dont counter attack the trend.Stick to basics.Have a look at hourly chart and to me it seems best opportunity for going Short is only if it breaks the trendline (fundamental) which is coming at SPOT 6213-6210 levels.

 

[Option.Trader]

Dont counter attack the trend.Stick to basics.Have a look at hourly chart and to me it seems best opportunity for going Short is only if it breaks the trendline (fundamental) which is coming at SPOT 6213-6210 levels.

Yes, ideally buy on dips now, risk averse traders can keep stop loss @6259 nf. BTW my trades: had bought 6300 ce@56 as explained in yesterday's post, came out half at 80, NF went long at 6267 and came out at 6302, now will join cwa(chart watchers association) for the day

 

[umash2000]

Morning All,

Fantastic Opportunity to short Nifty & Bank Nifty Futures at current levels.

Kumo breakout in Nifty taking place(as per Ichimoku) & Bank nifty macd became positive yesterday..

 

[BabaMagic]

SL triggered for both Nifty & bank nifty.