NIFTY Options Trading by RAJ

[healthraj]

Should not loose the Larger Perspective

Daily Perspective

Weekly Perspective

Monthly Perspective

Both Monthly and Weekly Indicate SELL. The Daily Minor Trend Indicates the TOP as around 7933 (Minor Trend Resistance). But it could also Test R1@ 8029

So my opinion is that even the Intraday traders should have a Daily, Weekly and Monthly Perspective. To me it helped to expect the Down move, which happened from 7840.

 

[anilnegi]

Raj

is this a charting software or you made it yourself, awesome job

anil negi

 

[gmt900]

Considering max pain at 7700, bought 7750P @28 and sold 7700P @ 14.
Max profit 1800 below 7700. Max loss 700 above 7750.

 

[healthraj]

As per the LTF and HTF, BUY Signal is generated @ 7724.

In LTF (9 minute) the Levels are as below 7764(R2), 7748(R1), 7733 (Pivot ), 7718(S1), 7702(S2)

In HTF (60 minute) the Levels are as below 7934(R2), 7876(R1), 7818 (Pivot ), 7760(S1), 7702(S2).

So at 7702 it will be definitely a BUY.

I have closed the Pair 7400-7850 with 20 points.

 

[healthraj]

NIFTY Expiry Where ?

One day left for expiry. Where will NIFTY Expire in this month?

Normally NIFTY Expires around the Daily Pivot. Last month it expired around Hourly pivot.

So the possibilities.

Hourly Pivot @ 7830.
Hourly Minor Trend Pivot @ 7764

Daily Pivot @ 7901.
Daily Minor Trend Pivot @ 7740.

So the Expiry Seems to be above 7740.
The MAX Pain however is at 7700.

However the MAX OI still remains at 7700-8000.
MAX OI CE @ 8000 is a worry because that means the TOP is still being Speculated. We can see some positions being built in 7800 which is close to 8000. So probably we will see some action today/ tomorrow towards 7800.

 

[LivetoTrade]

NIFTY Expiry Where ?

One day left for expiry. Where will NIFTY Expire in this month?

Normally NIFTY Expires around the Daily Pivot. Last month it expired around Hourly pivot.

So the possibilities.

Hourly Pivot @ 7830.
Hourly Minor Trend Pivot @ 7764

Daily Pivot @ 7901.
Daily Minor Trend Pivot @ 7740.

So the Expiry Seems to be above 7740.
The MAX Pain however is at 7700.

However the MAX OI still remains at 7700-8000.
MAX OI CE @ 8000 is a worry because that means the TOP is still being Speculated. We can see some positions being built in 7800 which is close to 8000. So probably we will see some action today/ tomorrow towards 7800.

Raj, is the Daily Pivot number correct?

 

[healthraj]

Selling the PAIR 7700-8000 @ 122. I am expecting an UP Move

 

[healthraj]

Raj, is the Daily Pivot number correct?

Yes in the Daily Future Charts, It is a BUY from 7430.

So for the MAJOR Trend the Levels are as below
S2 @ 7611
S1 @ 7756
PIVOT @ 7901
R1 @ 8047
R2 @ 8192

The Minor Trend Levels are as below
Support @ 7532
PIVOT @ 7740
Resistance @ 7946.

So Either Way I think we will See at least 7901 in the August Series, If not 8047 or 8192.

 

[healthraj]

Stock Options

Wanted to Try some Stock options.

LT and SBIN are trading near the Hourly Support.

RBI Interest Rate Decision is Due in the Next week. So I am expecting a Run up. LT has been beaten too much I think. And I think there will be a Technical bounce some time this week.

LT 1600CE - AUG-14 - Bought at 24
SBIN 2600CE - AUG-14 - Bought at 41

 

[n91guruji]

NIFTY Expiry Where ?

One day left for expiry. Where will NIFTY Expire in this month?

Normally NIFTY Expires around the Daily Pivot. Last month it expired around Hourly pivot.

So the possibilities.

Hourly Pivot @ 7830.
Hourly Minor Trend Pivot @ 7764

Daily Pivot @ 7901.
Daily Minor Trend Pivot @ 7740.

So the Expiry Seems to be above 7740.
The MAX Pain however is at 7700.

However the MAX OI still remains at 7700-8000.
MAX OI CE @ 8000 is a worry because that means the TOP is still being Speculated. We can see some positions being built in 7800 which is close to 8000. So probably we will see some action today/ tomorrow towards 7800.

Hi Raj,
Can you explain which daily pivot you are talking & How to calculate that.
Usually pivot calculated will be

Support-3 Support-2 Support-1 PIVOT Res 1 Res2 Res3
7637.02 7679.83 7714.27 7757.08 7791.52 7834.33 7868.77

Can u help me in this regard???