NIFTY Options Trading by RAJ

[toughard]

If you need further simplification on mega stdev then use /1-(n/2) function (only if the value is >1.99%)...

After all said and done its easy to get the pivots based on St.dev but everything depends how you use them for your profits!

 

[ritesh.bafna88]

NIFTY Daily Chart as on 31-Jul-14

You can See the Support 2 @ 7618.5

NIFTY Daily Chart as on 01-AUG-14 EOD

You can See that BUY is triggered today below Support 2

raj sir,

the nifty future august series is trading from 30th may and in your daily chart the visible date is from 6th may... i mean to ask is which quotes are you using for days from 6th may to 29th may.

hope didn't confuse you

and for the LTF and HTF you are using SPOT data am i right?

thanks

 

[ritesh.bafna88]

Dear Raj,
with your permission.... Ritesh you can the EXCEL below and it self explanatory!!

-

sir still the question remains as to why the column starts with 42?

 

[healthraj]

raj sir,

the nifty future august series is trading from 30th may and in your daily chart the visible date is from 6th may... i mean to ask is which quotes are you using for days from 6th may to 29th may.

hope didn't confuse you

and for the LTF and HTF you are using SPOT data am i right?

thanks

Yes for LTF and HTF I use Spot values

And for Daily I use the Futures Values from NSEindia.com - I am not sure what logic they use. It is the same data which is used in the NSE Tame site.

http://www.nse-india.com/ChartApp/install/charts/mainpage.jsp

 

[ritesh.bafna88]

Yes for LTF and HTF I use Spot values

And for Daily I use the Futures Values from NSEindia.com - I am not sure what logic they use. It is the same data which is used in the NSE Tame site.

http://www.nse-india.com/ChartApp/install/charts/mainpage.jsp

i tried downloading nifty future data of august series from the historical data page on nse website, the start date which m getting is 30th may 2014.

can you pls share the link from which u r downloading the data.

thanks
regards

 

[healthraj]

sir still the question remains as to why the column starts with 42?

It does not matter. In the example I had to take the last 80 values. So I took from 42 to 123 - which makes 82 candles. If you have 82 OHLC values, you can start from 1 to 82...

 

[healthraj]

Trading for RBI Policy on 05-AUG-14.

In the DOWN Move which happened on the last Few days, BANKNIFTY did not really participate. I think there would be a Surprise on 05-AUG-14.

While NIFTY touched S2 on Friday, BANKNIFTY is still Trading near S1. In the Minor Trend it is trading near the Pivot. So BANKNIFTY can move 500 points on Either side of 15300. If it moves down 500 points then it will be disaster for the NIFTY Longs taken at 7600. So on Monday I will revisiting those positions and better close it cost. I have a feeling that NIFTY will make further lows due to BANKNIFTY.

IF BANKNIFTY goes below 14800, then we can confidently go LONG..

So the best Strategy will be to take a Strangle on BANKNIFTY at the Minor Pivot, which is at 15300. Tomorrow we will get BANKNIFTY at 15300.

Strategy 1: BUY 15300 Put and 15300 Call - Costly strategy

Strategy 2 : BUY 15800 Call and 14800 Put.

Major Trend

Minor Trend

 

[varesh.et]

Trading for RBI Policy on 05-AUG-14.

In the DOWN Move which happened on the last Few days, BANKNIFTY did not really participate. I think there would be a Surprise on 05-AUG-14.

While NIFTY touched S2 on Friday, BANKNIFTY is still Trading near S1. In the Minor Trend it is trading near the Pivot. So BANKNIFTY can move 500 points on Either side of 15300. If it moves down 500 points then it will be disaster for the NIFTY Longs taken at 7600. So on Monday I will revisiting those positions and better close it cost. I have a feeling that NIFTY will make further lows due to BANKNIFTY.

IF BANKNIFTY goes below 14800, then we can confidently go LONG..

So the best Strategy will be to take a Strangle on BANKNIFTY at the Minor Pivot, which is at 15300. Tomorrow we will get BANKNIFTY at 15300.

Strategy 1: BUY 15300 Put and 15300 Call - Costly strategy

Strategy 2 : BUY 15800 Call and 14800 Put.

Major Trend

Minor Trend

Hi Raj,

On these kind of news days always we observed both side options are in red, I believe it is because of future/option hedging by big players so don't you think taking these strategies will put into risk with getting lower premium.

Thanks.

 

[healthraj]

Hi Raj,

On these kind of news days always we observed both side options are in red, I believe it is because of future/option hedging by big players so don't you think taking these strategies will put into risk with getting lower premium.

Thanks.

Do as you wish. All I am saying is that even though NIFTY futures hit the Support 2 @ 7620, there is a Risk of NIFTY making further lows due to BANKNIFTY.

 

[varesh.et]

Do as you wish. All I am saying is that even though NIFTY futures hit the Support 2 @ 7620, there is a Risk of NIFTY making further lows due to BANKNIFTY.

Thanks Raj.