NIFTY Options Trading by RAJ

[healthraj]

This thread has crossed 500 Pages in the Diary Section. Second only to TraderRavi's thread.

 

[prabhsingh]

Raj Bro,

What is rationale for having 80 candlesticks?

 

[healthraj]

Raj Bro,

What is rationale for having 80 candlesticks?

Which is what I am able to see comfortable on my Laptop screen .

Apart from that there is no specific reason.

 

[healthraj]

Closed the JUN-14 Position with 40 points. Will take another positions in JUN-14 later.

JUL-14 Series position with 20 points profit. - Still holding

MAX OI @ 7500-7700
MAX COI @ 7500-7500, indicating a BO @ 7500

In LTF - There was a BO in the morning which gave 60 points and now once again SELL generated above 7569 SPOT.
In HTF - SELL Generated above the Minor Trend Resistance. Major Resistance at 7633 SPOT

Hopefully if NIFTY is FLAT, the minor trend might be broken today or tomorrow, and might touch 7633 SPOT and might expire above 7600. So there is another 50/60 points left in this Series.

NIFTY has been FLAT for the past two hours. In LTF, BUY signal generated below 7566. If NIFTY SPOT breaks 7540, then it might goto 7484 and 7434. Otherwise the target is 7618 and 7654.

 

[stock72]

NIFTY has been FLAT for the past two hours. In LTF, BUY signal generated below 7566. If NIFTY SPOT breaks 7540, then it might goto 7484 and 7434. Otherwise the target is 7618 and 7654.

please do some thing ... i need this :clapping::clapping:

 

[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 ?

BANKNIFTY made ~350 points from Yesterday's low. The Upper target is reduced to 15433 (Daily Futures Pivot) from 15477...

 

[lsgangadhararao]

what is the time period of candles. is it hourly,or daily .
2nd one sir shall we get excel for 80 candles average and standare deviationcalculation

 

[healthraj]

NIFTY has been FLAT for the past two hours. In LTF, BUY signal generated below 7566. If NIFTY SPOT breaks 7540, then it might goto 7484 and 7434. Otherwise the target is 7618 and 7654.

NIFTY made high 7593 and made exact low of 7540. I am not sure how many survived the onslaught. Now UP again to 7585 levels...

Our Target is for NIFTY to Expire around 7630 Futures Levels. Today Already made a high of 7616. So another 16 points only. So most probaly tomorrow it will be another FLAT day.

So Next two Days we cannot expect any BIG movement . The Option Writers will be Busy tomorrow and Day after eating premiums. Those who are Long better to Book profits now

 

[healthraj]

NIFTY made high 7593 and made exact low of 7540. I am not sure how many survived the onslaught. Now UP again to 7585 levels...

Our Target is for NIFTY to Expire around 7630 Futures Levels. Today Already made a high of 7616. So another 16 points only. So most probaly tomorrow it will be another FLAT day.

So Next two Days we cannot expect any BIG movement . The Option Writers will be Busy tomorrow and Day after eating premiums. Those who are Long better to Book profits now

Quite day as expected.
MAX OI @ 7500-7700
MAX COI @ 7500-7600.

NIFTY Futures Pivot @ 7656. So may there would be a Quick Rally to 60 points may be later in the day or tomorrow.

I am holding two strategies

JUN-14 Series. Sold 7650CE and Bought 7600CE - Loss of 2 points - Probably if there is a quick rally of 30/50 points - Will close this position.
JUL-14 Series. SOLD the Pair 7300PE-8000CE - With profit of 22 points - Will close it If I get 25/30 points.

Options Chain MAX PAIN has shifted from 7500 to 7550. It is still not at 7600 that I am expecting. When the MAX Pain shifts to 7600, probably we will see some action

 

[parmit]

Quite day as expected.
MAX OI @ 7500-7700
MAX COI @ 7500-7600.

NIFTY Futures Pivot @ 7656. So may there would be a Quick Rally to 60 points may be later in the day or tomorrow.

I am holding two strategies

JUN-14 Series. Sold 7650CE and Bought 7600CE - Loss of 2 points - Probably if there is a quick rally of 30/50 points - Will close this position.
JUL-14 Series. SOLD the Pair 7300PE-8000CE - With profit of 22 points - Will close it If I get 25/30 points.

Options Chain MAX PAIN has shifted from 7500 to 7550. It is still not at 7600 that I am expecting. When the MAX Pain shifts to 7600, probably we will see some action

bro how do u calculate daily nifty futures pivot.... which terms r u taking in calculation...
thanks in advance