NIFTY Options Trading by RAJ

[anilnegi]

dear HR,
pls share analysis on SBIN and HDFCBANK also...

SBIN Option Data

Highest OI- 2500-2700
Highest COI- 2540-2600

anil

 

[anilnegi]

 

[anilnegi]

HDFC Has highest OI - 940-1000
HDFC has highest COI - 960 whereas negative OI in calls, it means it will zoom with a support of 960,

Raj your input pls.

anil

 

[healthraj]

Converted the naked Put to a Strategy.

Sold 7400 PE @ 20. Averaged 7500 PE to 40.

Net outflow is 20 points.

Not a Confident call though. Just trying to amend the Naked Puts with some adjustments

Closed the positions with 18 points profit.
NIFTY made low 7470 as I expected.
MAX OI / COI at 7500-7600. In both the lower timeframe and hourly charts NIFTY is trading near the Support.

As per JUL-14 OI, the Low could be 7300. But I am not sure whether it will be hit in this Series.

My view is bullish from here.

So I am going two strategies.

JUL-14 Series, SELL the Pair 7300-8000 for 120
JUN-14 Series, BUY 7500CE @ 45, SELL 7600 @ 15 - Net outflow is 30.

 

[Chetan0074]

So We Assume that next month Range 7300-8000

 

[healthraj]

So We Assume that next month Range 7300-8000

As per Daily Futures Chart, The Support 2 is at 7330 and Resistance 2 is at 7924. So yes the Range could be between 7330 to 7924. The Reason why MAX OI is at 7300 - 8000.

But the minor Trend Support at 7488 and Resistance and 7839. So NIFTY could bounce back at 7488.

Today we have a BUY signal below 7488. NF made low of 7487.

 

[healthraj]

Where will NIFTY expire in JUN-14 Series ?

As per the LTF at 7512. Hourly pivot 7533. Daily Pivot @ 7630.

So NIFTY will expire between 7512 and 7630. Normally in the last 5 months as per my observation, it has expired near the Daily Pivot.

So my guess is Above 7600.

BANKNIFTY could be the Killer. BANKNIFTY Daily Minor Trend Pivot is at 15477. It is 500 points from current levels.

Let us see what happens from here ?

 

[anilnegi]

As per Daily Futures Chart, The Support 2 is at 7330 and Resistance 2 is at 7924. So yes the Range could be between 7330 to 7924. The Reason why MAX OI is at 7300 - 8000.

But the minor Trend Support at 7488 and Resistance and 7839. So NIFTY could bounce back at 7488.

Today we have a BUY signal below 7488. NF made low of 7487.

Raj bhai

Maximum OI is at 7500-7600
and Maximum COI is at 7500,

it means market should recover upto 7500, your views

anil

 

[new2trade]

Where will NIFTY expire in JUN-14 Series ?

As per the LTF at 7512. Hourly pivot 7533. Daily Pivot @ 7630.

So NIFTY will expire between 7512 and 7630. Normally in the last 5 months as per my observation, it has expired near the Daily Pivot.

So my guess is Above 7600.

BANKNIFTY could be the Killer. BANKNIFTY Daily Minor Trend Pivot is at 15477. It is 500 points from current levels.

Let us see what happens from here ?

From current levels, is Nifty a buy from here or do we see more downside ?
I feel like buying 7500CE. Is it a good idea or can I pair it in some way to reduce risk ?

Maybe sell 2 lots 7550CE June and buy 2 lots 7500PE July ? Does such pair work ? getting used to pairs but sometimes confused

 

[parmit]

Where will NIFTY expire in JUN-14 Series ?

As per the LTF at 7512. Hourly pivot 7533. Daily Pivot @ 7630.

So NIFTY will expire between 7512 and 7630. Normally in the last 5 months as per my observation, it has expired near the Daily Pivot.

So my guess is Above 7600.

BANKNIFTY could be the Killer. BANKNIFTY Daily Minor Trend Pivot is at 15477. It is 500 points from current levels.

Let us see what happens from here ?

bro from where u get these LTF, hourly and daily pivot points any website thn plz share..