NIFTY Options Trading by RAJ

[healthraj]

Closed 7800 PE @ 40 - 9.5 points profit

Will probably BUY 7850 CE @ 24, IF NIFTY does not break the hourly minor Trend support at 7788.

NIFTY has not hit the Hourly Resistance which is now at 7858.

Made exact low of 7788 and now at 7806...

Bought 7850CE @ 21 - Let us see if it holds

 

[ShriG]

Raj Bhai,

will the market move up? or it will be in negative.Now Nifty is 7790.


-Shri

 

[healthraj]

Raj Bhai,

will the market move up? or it will be in negative.Now Nifty is 7790.


-Shri

The Support has moved to 7775. So one can keep be LONG above 7775 and if it breaks can go for further selling.

Now the Minor Trend Support and the Major PIVOT Are aligned. So Major pivot and Minor Support is at 7775. Ideally it should be level to BUY.

 

[healthraj]

Somehow was looking for 7850 but NIFTY went down from 7840 itself.

When NIFTY broke 7775 this morning made some points with 7800 PE. In the Hourly charts the support will come at 7710.

 

[Option.Trader]

Somehow was looking for 7850 but NIFTY went down from 7840 itself.

When NIFTY broke 7775 this morning made some points with 7800 PE. In the Hourly charts the support will come at 7710.

Kudos to you bro... silently following this wonderful thread... i think you have finally cracked the conundrum and i'm glad for you.. finally trading should be joyful for you.. I think for the particular trade, you have to give some cushion to initiate and not wait for actual numbers... you can always keep a stop loss if you get wrong... but difficult to enter if you miss the original entry point

PS: Would love to see the charts posted on a regular basis to just corelate with what we also see.. understand your point on not sharing the tool

 

[healthraj]

Kudos to you bro... silently following this wonderful thread... i think you have finally cracked the conundrum and i'm glad for you.. finally trading should be joyful for you.. I think for the particular trade, you have to give some cushion to initiate and not wait for actual numbers... you can always keep a stop loss if you get wrong... but difficult to enter if you miss the original entry point

PS: Would love to see the charts posted on a regular basis to just corelate with what we also see.. understand your point on not sharing the tool

Thank you OT. Whenever I get some time I will post those Charts also.

 

[SexyTrader]

What a wonderful thread this is :thumb: totally devoted to trading well....

Personally I rather be cautious than excited when markets run wild...bull run or not! Who wants to lose money whatsoever?

Happy to buy next month's PE when everyone is so excited to go long and longer

 

[abb24]

Dear RAJ- Many thanx for the valuable tip and education.Is this strategy good only for nifty/indices or for stocks also. Secondly, can u give a demo/example trade to use this metod as I m novice and failed in option market and lost heavily.

 

[healthraj]

28-JUL-2014 - LTF - Morning

R2= 7824, R1 = 7806, Pivot =7788, S1= 7770, S2 = 7752

 

[healthraj]

28-JUL-2018 HTF Morning

R2 = 7938, R1 = 7869, Pivot = 7800, S1=7732, S2=7663