NIFTY Options Trading by RAJ

[varesh.et]

It is quite possible. The only Level to Watch for that is the Daily Support 2 @ 7614. 7614 is also the Resistance 1 in Weekly Future Charts.

So as per the Weekly Future Charts Next support will be the Weekly Futures Pivot which is at 7240.

7246 is the Monthly R1. So you can see how the Daily, Weekly and Monthly Charts Align themselves...

But Before that May be Weekly Minor Trend PIVOT will be tested which is at 7912, which is also the Daily Minor Trend Resistance.

So Two levels to be watched carefully 7600 and 7900 Futures

Around 7910 Futures - SELL.

Below 7600 Futures - SELL

As long 7600 Holds, better to Maintain Long.
One more important thing is that Dow Jones already breached daily Support and Trading near the Weekly Support 2. So from a Global markets perspective, there will some bounce which we can expect. Same is the case for FTSE.

So Market will not just like that go DOWN Like a Rocket. No easy money

Will post the Daily, Weekly and Monthly Charts this evening.

Hi Raj or other friends,

Can somebody share me the excel sheet which can retrieve real time feed from google/yahoo or NSE for like 9 mins, 30 mins or 60 mins etc. I need this to calculate pivots as Raj suggested however whatever sheet I am getting by googling all are not consistent and retrieving data in ascending orders which is making me lot of efforts to put to take into formulations as Raj suggested using TREND. It will great help if can share excel which can retrieve data in descending order like current one at top.

Thanks

 

[healthraj]

NIFTY Daily, Weekly and Monthly Future Charts

Daily

Weekly

Monthly

 

[healthraj]

Global Markets Daily Charts

UK FTSE

US Dow Jones Index

 

[timepass]

Yesterday, NF sort of filled a gap (31Jul-1Aug). Will BNF fill a gap tomorrow ? It seems to be at a crucial support, but trending down.

 

[healthraj]

Hi Raj or other friends,

Can somebody share me the excel sheet which can retrieve real time feed from google/yahoo or NSE for like 9 mins, 30 mins or 60 mins etc. I need this to calculate pivots as Raj suggested however whatever sheet I am getting by googling all are not consistent and retrieving data in ascending orders which is making me lot of efforts to put to take into formulations as Raj suggested using TREND. It will great help if can share excel which can retrieve data in descending order like current one at top.

Thanks

I wonder if this type of Trend is not possible using Amibroker kind of tools? I know a lot people in this forum use Amibroker. I am sure it should be possible or there should be similar kind of code available.

Remember the excel tool I use cannot be considered professional.
I use excel because I want to Simplify and I also use Options Chain which is not available the way I want in any other tool (OR May be I am not aware of).

So just grab the idea and implement in your own system.

If you still want to use Google Finance data, The code to download the Google Finance Data is available in the tools that I have shared. It is available in all the tools that I had shared like OAT, MTP, OTP, Stock Screener etc... If you know some excel programming you should have figured it out by now

 

[toughard]

Don't give us heart attack. I have long positions expecting to book profit tomorrow. Please give detailed analysis why do you think nifty touches 7381.

I am not an directional expert but Just trying to analyze the possibilities...

When price is channeling its difficult to trade, above chart confirms it...
1st circle price fell back to channel
2nd circle tested channel low
3rd circle tested channel high
4th the crucial one price broke the channel and tried to reenter with a pin bar formation with good volumes as well as RSI >30

Top to Top it has taken 92 bars that means if price reenters the channel from the bottom by tomorrow then by Friday EOD it may test 7860...see the pic

But sgxnifty is presently -35... if price NOT entering the channel and staying in for sometime then the chances of FLIP is possible by the bottom channel line support turning in to resistance...

only the price will reveal the rest by tomorrow... according to me R1 is 7720 and R2 is exactly at 7860 based on my MAX CE_PE OI S/R calculations as well as S1 is 7580 which is incidentally channel low too if that breaks then S2 7440 which is also a major swing low!!!

 

[Somatung]

Don't give us heart attack. I have long positions expecting to book profit tomorrow. Please give detailed analysis why do you think nifty touches 7381.

http://www.traderji.com/futures/89068-day-trading-nf-bnf-usdinr-futures-2263.html#post991297

 

[coolbull]

whenever i click on last page its redirecting to 546.....even if i manually type the page numbers it fails????????

 

[coolbull]

================= Nifty /Bank Nifty OI Range and signal ===========



---------------- OI ----------- Volume ------- Strike price

NIfty :Max Oi---BEARISH--------- Bears ----- 7300pe - 8000 ce
NIfty :COI------BEARISH--------- Bulls ----- 8000pe - 7400 ce

Top 3 pe : 7300-7500-7600 : Bullish
Top 3 Ce : 8000-7800-7900 : Bearish



---------------- :: OI ----------- Volume ---- Strike price

Bank :Max Oi....... BEARISH ....... Bears ----- 15000pe-15500ce
Bank :COI ......... BEARISH ....... BEars ......... 15000ce-15500pe



Options Sig ---- Fib Trend ----- Intraday ------ Trend
===============================================
DOWN ----------- DOWN ---------- DOWN ---------- DOWN
DOWN ----------- DOWN ---------- DOWN ---------- DOWN

 

[prabhsingh]

It is quite possible. The only Level to Watch for that is the Daily Support 2 @ 7614. 7614 is also the Resistance 1 in Weekly Future Charts.

So as per the Weekly Future Charts Next support will be the Weekly Futures Pivot which is at 7240.

7246 is the Monthly R1. So you can see how the Daily, Weekly and Monthly Charts Align themselves...

But Before that May be Weekly Minor Trend PIVOT will be tested which is at 7912, which is also the Daily Minor Trend Resistance.

So Two levels to be watched carefully 7600 and 7900 Futures

Around 7910 Futures - SELL.

Below 7600 Futures - SELL

As long 7600 Holds, better to Maintain Long.
One more important thing is that Dow Jones already breached daily Support and Trading near the Weekly Support 2. So from a Global markets perspective, there will some bounce which we can expect. Same is the case for FTSE.

So Market will not just like that go DOWN Like a Rocket. No easy money

Will post the Daily, Weekly and Monthly Charts this evening.

I would wait for 7630 to be broken before confirmation.Please note 7380 is 38.2% fib ratio as well.