NIFTY Options Trading by RAJ

[vssoma]

dear raj,
can u pls check your PM

 

[healthraj]

MAX COI @ 7700-7800.
MAX OI @ 7500-8000.


28L Puts Sold - Bullish

The Levels are more or less the same as Yesterday.

In LTF the Resistance is at 7741.
In hourly charts the Minor Trend Resistance is @ 7750.

Major R2 @ 7794. The Minor Trend Support is at 7680, which if broken only will confirm the DOWN move. Otherwise the TREND UP Can continue...

I am Selling the Pair 7400-7850 in the Aug-14 Series for 126

 

[healthraj]

MAX COI @ 7700-7800.
MAX OI @ 7500-8000.


28L Puts Sold - Bullish

The Levels are more or less the same as Yesterday.

In LTF the Resistance is at 7741.
In hourly charts the Minor Trend Resistance is @ 7750.

Major R2 @ 7794. The Minor Trend Support is at 7680, which if broken only will confirm the DOWN move. Otherwise the TREND UP Can continue...

I am Selling the Pair 7400-7850 in the Aug-14 Series for 126

The Levels have Slightly shifted.

LTF Resistance moved to 7756.
HTF Minor Trend Support @ 7714 - Major Trend R1 also @ 7714. - Breakdown from here will confirm the SELL. If 7715 does not break down then Stay Long.
Minor Trend Resistance at 7774 - Opportunity to SELL from Top.

For Risky Players, it is a opportunity to SELL on High

Bought 7700PE @ 40.

 

[healthraj]

The Levels have Slightly shifted.

LTF Resistance moved to 7756.
HTF Minor Trend Support @ 7714 - Major Trend R1 also @ 7714. - Breakdown from here will confirm the SELL. If 7715 does not break down then Stay Long.
Minor Trend Resistance at 7774 - Opportunity to SELL from Top.

For Risky Players, it is a opportunity to SELL on High

Bought 7700PE @ 40.

Closed 50% of 7700PE @ 50 - 10 points profit

 

[healthraj]

The Levels have Slightly shifted.

LTF Resistance moved to 7756.
HTF Minor Trend Support @ 7714 - Major Trend R1 also @ 7714. - Breakdown from here will confirm the SELL. If 7715 does not break down then Stay Long.
Minor Trend Resistance at 7774 - Opportunity to SELL from Top.

For Risky Players, it is a opportunity to SELL on High

Bought 7700PE @ 40.

Hourly Minor Trend Support now at 7720. Watch if 7720 Breaks and Go for Selling otherwise it is BUYing opportunity. NIFTY now at 7720

 

[healthraj]

Closed 50% of 7700PE @ 50 - 10 points profit

Closed all 7700 Puts at 50. 7720 is acting as support. Will Buy Put Once again if not able to cross the Previous high of 7756.

 

[healthraj]

FTSE / Dow Jones aretrading near the Resistance. NIFTY is also trading near the Resistance for the past 3 days. So Today EOD, IF I get NIFTY near today's Highs and not able to Cross, then I will 7700PE once again.

 

[healthraj]

Closed all 7700 Puts at 50. 7720 is acting as support. Will Buy Put Once again if not able to cross the Previous high of 7756.

7720 acted as Support. This Rally never seems to be ending.

In LTF once again Generated SELL signal Above 7756.

Buying 7700PE @ 32 once again.

 

[santhosh2010]

[Max pain : Today changed 7600 to 7700

 

[healthraj]

At the End of the Day, I have the following positions open.

7400-7850 Pair in AUG-14 Series Opened at 126 and now at 136 - Loss of 10 points.

7700PE in JUL-14 Series Bought at 32.

After the Rally in the last one hour, in the LTF the R1 is at 7767. R2 @ 7785.
In the hourly charts, R1 and Minor Trend Support @ 7730 - Below which it would be a confirmed SELL.

Pivot at 7611 - For this Expiry we can expect minimum a move till the Pivot. Based on tomorrow's move, the Pivot might move further UP. So for this expiry we can expect 7650 - Which is at least 100 points from the current levels.

But the MAX Pain has moved to 7700 today since 33L positions added to 7700PE - Unless the 7700 Put OI changes, NIFTY might stay above 7700.

But the important data to watch is the OI positions in
7500 Put - 68L MAX OI
7600 Put - 61L
7700 Put - 61L - 33L Added today.

So for this expiry it might not move below 7600.

Assuming NIFTY will expire between 7600 and 7700, it would be good to sell the Pair 7600PE-7700CE @ 111. It would be good to SELL tomorrow when it is around 120.

NIFTY normally Expires around the Daily Pivot or the Hourly Pivot.

As the per Minor Trend in the Daily charts, the Pivot is at 7643. As per the Hourly Chart (Major Trend), the Pivot is at 7611.
So let us see if NIFTY expires around 7611-7643.