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 .

trump

Well-Known Member
It does not work properly so please tell me how did you make it work. Thanks
just change the expiry date from the main sheet, ROW -6
then in the ROW-4 there is the field for symbol code, default if NIFTY, no need to change that if you want to trade NIFTY only, if you want other stocks just modify that to the corresponding NSE FO STK symbol, for example SBIN
then clcik on refresh button and wait, then it will update and bingo!!
similarly for pivots, just push update pivots button in the sheet.again bingo!!
hope this helps.:D
 
just change the expiry date from the main sheet, ROW -6
then in the ROW-4 there is the field for symbol code, default if NIFTY, no need to change that if you want to trade NIFTY only, if you want other stocks just modify that to the corresponding NSE FO STK symbol, for example SBIN
then clcik on refresh button and wait, then it will update and bingo!!
similarly for pivots, just push update pivots button in the sheet.again bingo!!
hope this helps.:D
Oh ok. But do we have to manually keep refreshing both or does it have it auto-refresh too ? Thanks :)
 

healthraj

Well-Known Member
In the hourly charts, As per the minor Trend, there is a SELL Triggered above 7412 SPOT. But the R2 is at 7491. So market can test 7500 Levels also. The MAX OI is also at 7000-7500. So the Stoploss should be above 7500.
Overall the strategy is now with 11 points profit. Closing the positions with 10 points.
Since the market was trading FLAT, the SELL signal in hourly charts which was generated yesterday has disappeared and the RESISTANCE has moved up to 7450. NIFTY might even test 7500.

Will go for the new strategy when SELL signal is once again generated in Hourly charts ie around 7450
In the Lower timeframe SELL signal Generated above 7450.
In the Hourly charts the RSISTANCE is above 7465.

So it is better to wait till we get a SELL signal in hourly charts and then take a SELL Call. Untill then the BUY from the 7375 SPOT will hold.
 

lemondew

Well-Known Member
hi raj,

With Nifty howering around 7480 is it still bullish sign? No sign of letting off at CE 7500. Short covering seen at CE 7400. Nifty CE 7500 OI still close to 6 million. Nifty 7200 PE catching up with 7000 PE.

Thanks.
 

healthraj

Well-Known Member
hi raj,

With Nifty howering around 7480 is it still bullish sign? No sign of letting off at CE 7500. Short covering seen at CE 7400. Nifty CE 7500 OI still close to 6 million. Nifty 7200 PE catching up with 7000 PE.

Thanks.
Yes in the Lower timeframe the RESISTANCE has steadily moved UP. And now the RESISTANCE is at 7495. But the Trend is still on the UP side. In the lower timeframe the Trend BD might happen below 7463 SPOT and in the Hourly chart the BD might happen around 7418 SPOT.
 
Yes in the Lower timeframe the RESISTANCE has steadily moved UP. And now the RESISTANCE is at 7495. But the Trend is still on the UP side. In the lower timeframe the Trend BD might happen below 7463 SPOT and in the Hourly chart the BD might happen around 7418 SPOT.
I got the OAT thanks to you. I see the Max Pain is showing as 7300. So does that mean 7300 is major support for current trend ? Tomorrow can we buy 7300PE or 7400PE to get the benefit of some correction ? Thanks :)
 

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