NIFTY Options Trading by RAJ

[healthraj]

Hourly Minor Pivot is at 7745. Hourly Major Pivot at 7843.

Daily Minor Pivot at 7745 and Major pivot at 7901.

So I think NIFTY would expire Below 7750 OR Around 7745.

It is purely my speculation based on the Daily and Hourly charts aligning their pivots at 7745.

Those who want to Take a Chance can buy 7800PE JUL-14 @ 25. If you are lucky you might get 25 points tomorrow.

MAX Pain also shifted 7750, As per the above expectation.

If you are lucky you would have made 12 points now. Another 13 points might be coming...

 

[healthraj]

NIFTY Might make a Sharp move and Pull back and So those who are short Put a Limit order. Do not wait to put a Market order. NIFTY SPOT Support at 7750 and BANKNIFTY Spot support 15300

 

[timepass]

NIFTY Might make a Sharp move and Pull back and So those who are short Put a Limit order. Do not wait to put a Market order. NIFTY SPOT Support at 7750 and BANKNIFTY Spot support 15300

Yeah.. I was wondering whether BNF will make a play for 15325 (15 DEMA)

 

[healthraj]

Hourly Minor Pivot is at 7745. Hourly Major Pivot at 7843.

Daily Minor Pivot at 7745 and Major pivot at 7901.

So I think NIFTY would expire Below 7750 OR Around 7745.

It is purely my speculation based on the Daily and Hourly charts aligning their pivots at 7745.

Those who want to Take a Chance can buy 7800PE JUL-14 @ 25. If you are lucky you might get 25 points tomorrow.

MAX Pain also shifted 7750, As per the above expectation.

I had put a Limit order to close at 48 and Closed my 7800PE Positions with 23 points

 

[healthraj]

Hourly Minor Pivot is at 7745. Hourly Major Pivot at 7843.

Daily Minor Pivot at 7745 and Major pivot at 7901.

So I think NIFTY would expire Below 7750 OR Around 7745.

It is purely my speculation based on the Daily and Hourly charts aligning their pivots at 7745.

Those who want to Take a Chance can buy 7800PE JUL-14 @ 25. If you are lucky you might get 25 points tomorrow.

MAX Pain also shifted 7750, As per the above expectation.

Made low of 7750. Let us see if it expires around this level... As per the expectation NIFTY should make further lows and expire around 7750.

 

[healthraj]

Watch the 8000CE and 7800CE Positions. Now 8000CE OI is at 80K. 7800CE @ 69K. Once there is a significant COI change in 7800CE, you can expect a Down move.

I don't how many of you were watching. The MAX OI shifted to 7700-7800. 7800CE is now having 82K

 

[healthraj]

Since I am expecting the market to Go Down, I am closing the Pair with 19 points profit.

Bought 7750 Put (AUG14) @ 81

I have closed 7750PE @ 105. Once again I had put a Limit order because there might be a Sharp move t0 7750.

Today made 23 points in 7800PE JUL-14 and 24 points in 7750 PE AUG-14 Series.

 

[healthraj]

NIFTY Might make a Sharp move and Pull back and So those who are short Put a Limit order. Do not wait to put a Market order. NIFTY SPOT Support at 7750 and BANKNIFTY Spot support 15300

Yeah.. I was wondering whether BNF will make a play for 15325 (15 DEMA)

BANKNIFTY made low 15300

 

[timepass]

BANKNIFTY made low 15300

Yes, the futures low 15288.

For Banknifty spot, the 15DEMA is 15278. I think that if it fails to hold it, then will try for 15DEMA (low) 15162.

 

[healthraj]

I have closed 7750PE @ 105. Once again I had put a Limit order because there might be a Sharp move t0 7750.

Today made 23 points in 7800PE JUL-14 and 24 points in 7750 PE AUG-14 Series.

Done for the day. Good trading on an Expiry day