NIFTY Options Trading by RAJ

[jetking]

MAX PAIN is at 7700

and nifty is trading near to that,so there is every possibility of a big move either side

MAX OI is at 7300PE and 8000CE

MAX COI is at 7700PE and 7900 CE

so 7700 is a good support at present

there was a buy signal at HTF above 7716

the resistance is at 7750,if taken out than 7800 is on cards

in the morning there was a buy signal in LTF above 7716,and nifty made a high of 7739

there are two strategy to trade the present situation

1; buy 7700 PE and 7750 CE ( to cash a big move either side)

2: sell the pair 7700 PE and 7900 CE, total premium around 117 and buy 7800 CE at 72


NOTE: i am learning from the RAJ's trades and using his old OAT tool
my understanding may/may not be correct,so take your own decision to trade
thanks

 

[healthraj]

MAX PAIN is at 7700

and nifty is trading near to that,so there is every possibility of a big move either side

MAX OI is at 7300PE and 8000CE

MAX COI is at 7700PE and 7900 CE

so 7700 is a good support at present

there was a buy signal at HTF above 7716

the resistance is at 7750,if taken out than 7800 is on cards

in the morning there was a buy signal in LTF above 7716,and nifty made a high of 7739

there are two strategy to trade the present situation

1; buy 7700 PE and 7750 CE ( to cash a big move either side)

2: sell the pair 7700 PE and 7900 CE, total premium around 117 and buy 7800 CE at 72


NOTE: i am learning from the RAJ's trades and using his old OAT tool
my understanding may/may not be correct,so take your own decision to trade
thanks

Good Analysis. :thumb: I think you meant "there was a buy signal at LTF above 7716" instead of HTF.

 

[jetking]

Good Analysis. :thumb: I think you meant "there was a buy signal at LTF above 7716" instead of HTF.

thanks for your kind words Raj

regarding BUY signal ,it was there in both the LTF and HTF,at different times

HTF

LTF

 

[healthraj]

Good morning to all..

As told Yesterday I am not trading today. I will may be SELL tomorrow if it is near 7790/7800.

In LTF there is a BULL Flag formation which could get over around 7705. So around 7705, It would be a BUY for at least 80 points.

The Options Data also indicates Bullishness till 7750.

For those who are wondering what I did with INFY 3400 Put. I close it in the morning. But Since INFY is trading above the Resistance, there was a good opportunity @ 3600 to SELL, Which I did not take.

So As expected made low of around 7705. If it was a REAL Flag then it is time to BUY for an UP move. In LTF it is also below the S1 and so BUY signal Generated.

In HTF, the Minor Trend Pivot @ 7712 and Major Pivot @ 7723 Will Meet at a point and Take a Decision for the next move.

The Stoploss for BUY should be 7680 SPOT

 

[timepass]

So As expected made low of around 7705. If it was a REAL Flag then it is time to BUY for an UP move. In LTF it is also below the S1 and so BUY signal Generated.

In HTF, the Minor Trend Pivot @ 7712 and Major Pivot @ 7723 Will Meet at a point and Take a Decision for the next move.

The Stoploss for BUY should be 7680 SPOT

Anything about BNF ?

 

[Option.Trader]

So As expected made low of around 7705. If it was a REAL Flag then it is time to BUY for an UP move. In LTF it is also below the S1 and so BUY signal Generated.

In HTF, the Minor Trend Pivot @ 7712 and Major Pivot @ 7723 Will Meet at a point and Take a Decision for the next move.

The Stoploss for BUY should be 7680 SPOT

7693 looks like a long term trend line, need to watch this

 

[healthraj]

Anything about BNF ?

BANKNIFTY does not seem to be giving any clear signal because it is very volatile in HTF. The Support is around 15040 SPOT in both LTF and HTF, which seems to be a BUY area.

 

[coolbull]

hi!......

u r back???? goood.......


i earned 9 -10.50 points with option pair selll ...like u do.....without any futures hedge......just i timed my pair as independent entry/exit...

.could not hold for a long time....was tempted to use futures as ahedge but avoided as was trading near my support but momentum was down...

So As expected made low of around 7705. If it was a REAL Flag then it is time to BUY for an UP move. In LTF it is also below the S1 and so BUY signal Generated.

In HTF, the Minor Trend Pivot @ 7712 and Major Pivot @ 7723 Will Meet at a point and Take a Decision for the next move.

The Stoploss for BUY should be 7680 SPOT

 

[healthraj]

Good morning to all..

As told Yesterday I am not trading today. I will may be SELL tomorrow if it is near 7790/7800.

In LTF there is a BULL Flag formation which could get over around 7705. So around 7705, It would be a BUY for at least 80 points.

The Options Data also indicates Bullishness till 7750.

For those who are wondering what I did with INFY 3400 Put. I close it in the morning. But Since INFY is trading above the Resistance, there was a good opportunity @ 3600 to SELL, Which I did not take.

INFY Seems to have made a Double top at 3600 and Seems to be going down again.

 

[coolbull]

hi raj!

where i can find ur latest tools.....i got 1 link but it has many files and virtually all looks same......coz i am ur technique of pairs(low premium) , high premium of bais trade plus low premium as hedge but i am using fibo support resistance.....

Thanks ur thread and prompt reply in advance